Meta Platforms Inc. (NASDAQ: META) is under heavy fire after plunging nearly 9%, its sharpest single-day decline in months. Trading at $531.62, the stock has broken through multiple critical support levels, raising fears of a broader bear market for one of tech’s biggest names. This dramatic selloff comes amid broader pressure on big tech stocks,…
Nasdaq 100 Faces Worst One-Day Drop in Years The Nasdaq 100 index saw a steep 4% decline, closing at 17,468.32, marking its worst trading session since 2022. The technology-heavy index suffered a broad-based sell-off as investor sentiment turned bearish amid fears of rising interest rates, economic slowdown, and increased geopolitical tensions. Big Tech Meltdown: FAANG…
Meta Platforms Inc. (NASDAQ: META) has been thrust into the spotlight as the U.S. edges closer to a potential TikTok ban. The anticipated void in the short-form video content space has spurred discussions about user migration, with Xiaohongshu (RedNote) emerging as a surprising alternative. Despite this, Meta’s platforms, Facebook and Instagram, have struggled to win…
