GOOG160429C00845000
| Previous close | 1.3000 |
| Open | 1.5100 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 845.00 |
| Expiry date | 2016-04-29 |
| Day's range | 1.2200 - 1.5100 |
| Contract range | N/A |
| Volume | |
| Open interest | 80 |
Yahoo FinanceMeta stock slides over 12% after second quarter outlook disappoints
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
ReutersAI spending worries cast gloom over Alphabet, Microsoft
Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction.
Barrons.comThese Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Microsoft, Alphabet, and More
Shares of Meta Platforms tumble after a disappointing outlook, while IBM slumps after revenue misses analysts’ estimates. Microsoft, Alphabet, and Intel are scheduled to report earnings after the close of trading Thursday.
