The company that contains Facebook rises sharply before the market opens, as does Jeff Bezos’ company, which does so, but to a lesser extent.
Meta Platforms, whose trade name is Goaladvertisement results better than expected, since it reported income of US$40.1 billion compared to the US$39 billion that the market projected and announced the repurchase of shares for US$50 billion.
At the same time, in the balance, they reported that they reached the 3 billion monthly users. After knowing the quarterly report, stocks rose in the aftermarket Almost 15% and US$110,000 million entered in market capitalization in tan Just 10 minutes.
In this context, this Friday, February 2, in the premarket, the company’s shares climb up to 18%, driven by the announcement that, For the first time since it was listed on the stock market, it will pay a dividend of US$0.50 gross per share and that the date will be March 26.
Amazon: another member of the magnificent seven
Amazon reported this Thursday a turnover of US$170,000 million in the fourth quarter of 2023, which implies a growth of 14% year-on-year that far exceeds what the market expected. The online commerce giant also reported a net profit higher than expected by analysts, of $10.6 billion., driven by faster deliveries and a particularly successful holiday season. In this context, shares rose almost 9% in the Wall Street after market.
The company explained that the benefit includes a pre-tax valuation loss of $1 billion, included in non-operating income (expenses) from the common stock investment in Rivian Automotive, compared to a valuation loss before taxes of US$2.3 billion of the investment in the fourth quarter of 2022.
Thus, things, the shares of the e-commerce giant climb this Friday up to 6.5% before the market opens. Likewise, it is worth noting that the company’s papers were revalued 4.5% during the month of January. A great start to the year without a doubt for the signing of Jeff Bezos.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
