Meta Platforms (META) announces layoffs. META is planning to reduce the workforce in the Facebook Agile Silicon team. JPMorgan cut META’s price target to $400 from $425. The analyst remains positive but reduced the 2024 and 2025 earnings estimates and highlights that META increased 2024 expenses estimated to $97.5B from $93.4B. Jeff Pierce discusses this story. Tune in to find out more about the stock market today.
Morning Trade Live
04 Oct 2023
SHARE
Morning Trade Live
15 Apr 2024
Morning Trade Live
05 Feb 2024
Morning Trade Live
19 Apr 2024
Morning Trade Live
11 Apr 2024
Morning Trade Live
05 Apr 2024
Next Gen Investing
12 Mar 2024