Meta Lays off Staff at WhatsApp and Instagram to Align With ‘Strategic Goals’
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its third quarter
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weaker India market
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning
U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum
Blend Labs, Inc. (NYSE:BLND – Get Free Report)’s share price dropped 5.6% during trading on Thursday . The stock traded as low as $3.70 and last traded at $3.70. Approximately 474,542 shares were traded during trading, a decline of 79% from the average daily volume of 2,283,497 shares. The stock had previously closed at $3.92.
Exxon Mobil Co. (NYSE:XOM – Get Free Report)’s share price traded up 0.4% on Thursday . The company traded as high as $121.58 and last traded at $121.10. 1,682,228 shares changed hands during trading, a decline of 90% from the average session volume of 16,582,240 shares. The stock had previously closed at $120.66.
Brunswick Co. (NYSE:BC – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 4,760,000 shares, a decrease of 9.0% from the September 15th total of 5,230,000 shares. Based on an average daily trading volume, of 700,800 shares, the days-to-cover ratio is currently 6.8 days. Currently, 7.3% of the company’s shares are sold short.
Snap-on (NYSE:SNA – Get Free Report) had its price target hoisted by Barrington Research from $325.00 to $350.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Barrington Research’s price objective points to a potential upside of 8.29% from the stock’s previous close.
A senior Ukrainian official called on Thursday for intensified efforts to uphold nuclear safety in view of Russia’s occupation of Europe’s largest nuclear power station and its repeated strikes on the energy grid.