Tech sell-off leads Wall Street reverse
US stock markets dropped their bundle overnight after the Bank of England warned of double-digit inflation and rising recession risk in the UK.
Formerly Facebook, Meta Platforms (NASDAQ: FB) is ‘The Social Network’, with more than 3 billion active users across its three platforms of Facebook.com, WhatsApp and Instagram. It generates most of its revenue from targeted advertising on its platforms. It also owns virtual reality headset company Oculus.
US stock markets dropped their bundle overnight after the Bank of England warned of double-digit inflation and rising recession risk in the UK.
US stock markets moved sharply lower on Friday as economic growth, inflation and corporate results continue to bite.
Bob Desmond is the Co-Portfolio Manager and Head of Claremont Global. He joins Raymond Jang on The Australian Investors Podcast to share his
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