Social media platforms/tools

The Collapse of Meta: This chart shows Facebook's fall among America's most valuable companies

The Collapse of Meta: This chart shows Facebook’s fall among America’s most valuable companies

Threatened by competitive and macroeconomic threats, Meta Platforms Inc. is plummeting into the ranks of America’s largest corporations. After a daily decline of 9.4% in its stock, Meta META, -9.37% ranked 10th in market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since early August. Meta, the parent …

The Collapse of Meta: This chart shows Facebook’s fall among America’s most valuable companies Read More »

Big Tech is always expensive.  Why it matters to the market.

Big Tech is always expensive. Why it matters to the market.

Text size Nvidia shares are trading at an average forward earnings multiple of around 38 times. Justin Sullivan/Getty Images Big Tech stocks are still expensive, despite all the market downturns this year. And that’s the key for the S&P 500. Now the giants— Apple (symbol: AAPL) and Alphabet (GOOGL) are two examples: they did not …

Big Tech is always expensive. Why it matters to the market. Read More »