On this episode of Stock Movers:
Meta (META)
Meta shares are getting a boost, helping futures move higher, after Bloomberg News reported that it’s expected to meaningfully cut resources for building the so-called metaverse, an effort that CEO Mark Zuckerberg once framed as the future of the company. The reaction indicates clear relief from investors, who have seen it as a drain on resources with little payoff so far.


Snowflake (SNOW)
Snowflake shares fall as much as 9% in premarket trading after the software company issued a forecast for operating margin in the current quarter that fell short of the average analyst estimate. Analysts noted a deceleration in product revenue growth.


Dollar General (DG)
Dollar General shares rise 7.4% after the retailer reported its third beat-and-raise quarterly report this year, driven by gross margin outperformance.

Sebastian Escobar

On this episode of Stock Movers: Meta (META)
<ul>
<li>Meta shares are getting a boost, helping futures move higher, after Bloomberg News reported that it&rsquo;s expected to meaningfully cut resources for building the so-called metaverse, an effort that CEO Mark Zuckerberg once framed as the future of the company. The reaction indicates clear relief from investors, who have seen it as a drain on resources with little payoff so far.</li>
</ul>
 Snowflake (SNOW)
<ul>
<li>Snowflake shares fall as much as 9% in premarket trading after the software company issued a forecast for operating margin in the current quarter that fell short of the average analyst estimate. Analysts noted a deceleration in product revenue growth.</li>
</ul>
 Dollar General (DG)
<ul>
<li>Dollar General shares rise 7.4% after the retailer reported its third beat-and-raise quarterly report this year, driven by gross margin outperformance.</li>
</ul>
Sebastian Escobar

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Stock Movers

Meta Pops, Snowflake Falls, Dollar General Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4a671258-1d17-443f-abcd-b3a900fbdb41/transcript

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