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Stocks end mixed as Facebook's parent company slumps

Por: CBS News Business October 27, 2022

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Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market. Facebook's parent company, Meta Platforms, lost another one-fourth of its value after reporting a second straight quarter of revenue decline amid falling advertising sales and stiff competition from TikTok. That followed weak reports from Google's parent company, Alphabet, and Microsoft. The S&P 500 fell 23 points, or... + full article



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