Formerly Facebook, Meta Platforms (NASDAQ: META) 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.
2020 has been wild so far, with Covid-19 presenting a huge headwind for some, but creating large-scale opportunities for others. Here are two stocks and one ETF that I’ve got my eyes on at the moment.
Drew Meredith and Owen Raszkiewicz from Rask Australia provide an overview of the digital advertising market, including Trade Desk (NASDAQ: TTD) stock, Ooh!Media Ltd (ASX: OML) and Google/Alphabet Inc (NASDAQ: GOOGL).
The S&P/ASX 200 (INDEXASX:XJO) is expected to slide when the market opens on Wednesday. Ansell (ASX:ANN), Qube (ASX:QUB) and Seven West Media (ASX:SWM) are in the news.
The S&P/ASX 200 (INDEXASX: XJO) is tipped to open flat this morning. Here’s what you need to know as ASX reporting season gets underway.
Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ GOOGL) all reported. Are they unstoppable businesses?
The US economy shrank at an annual rate of 4.8% in the first quarter, confirming the worst fears that the world’s largest economy is already in a recession. This was much worse than the 3.5% expected.
The Facebook Inc (NASDAQ:FB) stock price has been a stellar performer for investors but what’s next?
Facebook Inc (NASDAQ: FB) released results for the June quarter this morning and it has beaten estimates for earnings per share and revenue. Here’s what you need to know.
Has the sun set on ‘FAANG’ stocks Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOGL)?
