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Dan Ives, Wedbush, reacts the tech sell-off following the latest round of tariff negotiations.
Trump's new tariffs could hurt Amazon and Meta due to their reliance on Chinese advertisers. Advertisers are expected to take refuge in performance advertising and TV sports.
Meta stock and other social media players tumbled Thursday on concerns that tariffs will slow spending in digital advertising. The post Meta, Snap, Reddit And Pinterest Slide As Tariffs Add To 'Digital Ads Volatility' appeared first on Investor's Business Daily.
Son of murdered academic calls on Facebook owner to ‘radically change how it moderates dangerous content'
As a whole, Magnificent Seven stocks were on pace to drop more than $800 billion in market cap. That reflects how tech stocks have led the broader market amid Thursday's steep sell-off.
Around 100 authors on Thursday protested outside the London headquarters of Meta, accusing the US tech giant of "stealing" content to train its Artificial Intelligence models.
The equity markets are seeing a broad selloff in the wake of President Trump's announcement yesterday on reciprocal tariffs, led by “Magnificent 7” stocks.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss how tariffs are impacting the tech sector.
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss what the resignation of Meta's AI research head means for the company's AI plans.