With Election Day approaching, social media companies like Meta, TikTok, X, YouTube, and others are ramping up efforts to combat disinformation and foreign influence. Since the 2016 election, these platforms have been targeted by foreign actors spreading false information. Meta has invested heavily in safety and security measures, including fact-checking and labeling AI-generated content. TikTok…
Mark Zuckerberg, CEO of Meta Platforms Inc., is expected to report third-quarter earnings with analysts predicting earnings per share of $5.25 and revenue of $40.29 billion. Meta’s shares have seen a 70% increase this year, with Zuckerberg surpassing Jeff Bezos as the world’s second-richest person. The company’s strong financial performance is attributed to investments in…
On September 19, 2024, traders at the New York Stock Exchange were gearing up for more tech company earnings reports and an upcoming GDP reading. S&P 500 futures rose, along with Nasdaq 100 and Dow futures. Alphabet had a strong quarter, exceeding expectations and seeing growth in its cloud business, causing shares to surge. However,…