Reported 10 days ago
Meta Platforms is confronting a Federal Trade Commission antitrust lawsuit over its acquisitions of Instagram and WhatsApp, with a trial set to proceed after a judge's ruling. Additionally, the company faced an $841 million fine from the EU for antitrust issues. JD.com reported a 5.1% revenue increase for Q3, largely due to stronger sales in electronics and appliances, although shares dropped due to broader Chinese market weaknesses. Conversely, CNH Industrial's shares rose following positive remarks from investor David Einhorn, who predicts the stock could double in the coming years.
Source: YAHOO