Last week’s all-employee conference call concluded with Meta executives warning their subordinates that the firm could be on the precipice of a difficult period. While tech as a whole has struggled this year, Meta is facing some additional challenges.
The first earnings season of 2022 is set to continue this week with a few key tech firms releasing their results. Expectations are mixed regarding Meta’s, Amazon’s, and Apple’s figures for last quarter.
Alphabet’s CFO Ruth Porat announced on Tuesday that the tech giant is gearing up for a 20-to-1 stock split in July. This move is purportedly intended to make the firm’s shares more accessible to a diverse array of traders.
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