Should You Buy Meta Stock?

The metaverse may sound like something out of the latest “Doctor Strange” movie. But according to Meta Platforms Inc. (ticker: META) CEO Mark Zuckerberg, it’s not only the future of how humans and businesses will interact digitally, but also of the company he created as a website called “The Facebook” in his Harvard dorm room in 2004.

As Facebook grew and bought competitors to become a social media conglomerate that is now one of the biggest companies in the world, it made sense that it would change its name, similar to the way Google did to become Alphabet Inc.

Nvidia Stock Crashes as Company Slashes Guidance

Nvidia stock is trading sharply lower after the company slashed its guidance for the fiscal third quarter of 2023. The earnings for the said quarter are scheduled for later this month only.
Nvidia now expects to post revenues of $6.70 billion in the quarter which is way below the $8.1 billion that it had projected during the previous earnings call. The forecast implies a 19% sequential fall in revenues while they are still expected to be 3% higher YoY.
Commenting on the guidance cut, Nvidia said, ‘The shortfall relative to the May revenue outlook of $8.