Meta's stock rose 2.4% after Citi reaffirmed its "buy" rating on the social media company. While there's limited visibility on the macroeconomic front, Citi believes the market is stabilizing.
The tech industry has been forced to let go of a large number of employees in recent months due to a decrease in investor confidence and a rise in borrowing costs.
Instagram has launched a new set of features that helps you manage what you see in your feed and silence notifications.
Meta Platforms Inc.'s recent rally has failed to convince some skeptics, given how much money the company continues to pour into building its version of the metaverse.
Apple is rumored to be working on an augmented reality headset, and according to analyst Ming-Chi Kuo, it could be announced as soon as this spring. Kuo, who is well-connected to Apple's supply chain, says the device is likely to be unveiled at the company's developer conference in June, with a launch sometime in the second half of the year.