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Meta Platforms, First Republic, Bed Bath & Beyond: Stocks That Defined the Week
By Francesca FontanaApril 28, 2023 5:53 pm ET Meta continues to pare back spending and this week posted its first increase in sales in nearly a year. Photo: Kori Suzuki for The Wall Street JournalMeta Platforms Inc. Meta delivered a surprise return to growth. Facebook parent Meta on Wednesday posted its first sales increase in nearly a year due to its improving advertising business. A slowing economy, regulatory pressures and Apple Inc.’s 2021 ad-tracking changes have weighed on the digital-ad market. Meanwhile, Meta continues to pare back spending during what Chief Executive Mark Zuckerberg has called a “year of efficiency.” Meta shares rose 14% Thursday. What's News The Building Boom Is Prolonging Market Pain9 hours ago  Stock Market Calm Rekindles Debate Over Fed Tightening9 hours ago  China Locks Information on the Country Inside a Black Box2 hours ago What's NewsThe Building Boom Is Prolonging Market Pain9 hours ago Stock Market Calm Rekindles Debate Over Fed Tightening9 hours ago China Locks Information on the Country Inside a Black Box2 hours ago  Kevin McCarthy Shores Up GOP Lines as Debt-Ceiling Battle Looms4 hours ago  Grounding of Marine Unit Spotlights Lack of Ships 6 hours ago  JPMorgan, PNC Are Bidding for First Republic as Part of FDIC TakeoverApril 29, 2023  Epstein’s Private Calendar Reveals Prominent Names, Including CIA Chief, Goldman’s Top Lawyer7 hours ago  Biden Calls for Release of Jailed Journalist Evan Gershkovich, Other Detainees6 hours ago  For Babies Born Dependent on Opioids, Doctors Try New Caregiving Approach7 hours ago Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8  Continue reading your article witha WSJ subscription Subscribe NowAlready a subscriber? Sign In Sponsored OffersTurboTax: Save up to $15 with TurboTax coupon May 2023The Motley Fool: Epic Bundle - 3x Expert Stock RecommendationsH&R Block Tax: 15% Off DIY Online Tax Filing Services | H&R Block Coupon CodeWalmart: 20% off your order with Walmart promo codeTarget: Target Promo Code: 20% Off Entire OrderZales: Enjoy Gift Cards for Zales |
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