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Meta Splits: The Buyback Machine Shifts to Reverse

Meta reported record third-quarter revenue of $64.60 billion, up 26% and decently above the $63 billion consensus. Diluted EPS of $3.83 was nearly quadruple the $1.05 they earned a year ago. Bear in m…

Stocks Fall Sharply on Risk-Off as Meta Slides -7%

The S&P 500 Index ($SPX ) (SPY ) fell -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell -2.90%. December E-mini S&P futures (ESZ26 ) f…

Coffee Prices Fall as ICE Coffee Inventories Rise

December arabica coffee (KCZ26 ) closed down -3.70 (-1.17%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -64 (-1.91%). Arabica coffee prices fell on Thursday after ICE arabica cof…