Thursday, October 27, 2022

Meta stock craters over bleak forecast and expensive metaverse bets

Facebook parent Meta Platforms Inc forecast a weak holiday quarter and significantly more costs next year, sending shares down nearly 20% as investors voiced skepticism about the company's pricey metaverse bets.

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...