News & Events:FB

NEW ORLEANS, Oct. 22, 2021  Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC, announces that KSF continues its investigation into Facebook (FB), Inc..  .

Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc (AAPL), Microsoft Corp (MSFT), Google parent Alphabet Inc (GOOG), Amazon.com Inc (AMZN) and Facebook Inc (FB) are all set to report earnings next week.

Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc (AAPL), Microsoft Corp (MSFT), Google parent Alphabet Inc (GOOG), Amazon.com Inc (AMZN) and Facebook Inc (FB) are all set to report earnings next week.

By Shreyashi Sanyal, Devik Jain and Sinéad Carew. The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc (SNAP) and Intel Corp (INTC) put pressure on the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.

By Shreyashi Sanyal, Devik Jain and Sinéad Carew. The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc (SNAP) and Intel Corp (INTC) dragged down the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.

* Facebook (FB) falls on Apple privacy worries. * AmEx rises on profit beat, boosts Dow. * Intel (INTC) slammed after Q3 sales miss. * Dow up 0.26%, S&P down 0.09%, Nasdaq 0.8% By Shreyashi Sanyal, Devik Jain and Sinéad Carew.

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* Facebook (FB) falls on Apple (AAPL) privacy worries. * AmEx rises on profit beat, boosts Dow. * Intel (INTC) slammed after Q3 sales miss. * Indexes down: Dow 0.05%, S&P 0.39%, Nasdaq 1.05% By Shreyashi Sanyal and Devik Jain.

* Snap tumbles on Apple (AAPL) tweak, drags social media giants lower. * AmEx rises on profit beat, boosts Dow. * Indexes: Dow up 0.33%, S&P up 0.05%, Nasdaq down 0.39% By Shreyashi Sanyal and Devik Jain.

* Snap tumbles on Apple (AAPL) tweak, drags social media giants. * AmEx rises on profit beat. * Futures: Nasdaq down 0.19%, Dow up 0.17%, S&P up 0.07%, By Shreyashi Sanyal.

- Shares of Snap Inc (SNAP) plunged on Friday, dragging down other ad-dependent tech firms, after the photo messaging app owner warned of a prolonged hit from Apple Inc's (AAPL) privacy changes on iOS devices. Snap shares were down nearly 20% at $60.8 before the bell, on track to open at a near three-month low.

- The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc (SNAP) and Intel Corp (INTC) put pressure on the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.

* Futures: Nasdaq down 0.17%, Dow up 0.09%, S&P up 0.08% By Shreyashi Sanyal. Nasdaq futures edged lower on Friday after chipmaker Intel (INTC) warned of lower profit margins, while Snap Inc (SNAP) led declines among social media firms after flagging a hit to digital advertising from privacy changes by Apple.

The week to come will give European Central Bank policy makers another chance to ponder just how sticky inflation really is, while U.S. earnings will be dominated by FAANG companies. In China, an imminent default of China Evergrande Group (EGRNF) might be off the cards for now, but troubles seem far from over.

The following are the top stories in the Wall Street Journal. - Facebook Inc (FB) is struggling to detect and deal with users' creating multiple accounts on its flagship platform, according to internal documents that raise new questions about how the social-media giant measures its audience. https://on.wsj.com/3C547lp.

The following are the top stories on the New York Times business pages. - U.S. reached an agreement with Austria, France, Italy, Spain and Britain that will terminate the threat of American tariffs on certain goods. https://nyti.ms/3E5h5Ac.

The following are the top stories on the business pages of British newspapers. The Times. The furlough scheme cost taxpayers 69 billion pounds over an 18-month period, making it the biggest intervention in the UK jobs market in peacetime. https://bit.ly/3B3RbL8.

Snap Inc (SNAP) on Thursday fell short of Wall Street estimates for quarterly revenue as the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc (AAPL) on iOS devices hurt the company's ability to target and measure its digital advertising. Shares of Snap dropped 25% in trading after the bell.

-Shares of Snap Inc (SNAP) plummeted 25% on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc (AAPL) on iOS devices hurt the company's ability to target and measure its digital advertising.

Snap Inc (SNAP) on Thursday fell short of Wall Street estimates for quarterly revenue as the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc (AAPL) on iOS devices hurt the company's ability to target and measure its digital advertising.