Meta Stock Falls As Facebook Parent Left Out Of Trump Stock Rally

Blockhead11-07

Major stock indexes swung higher Wednesday, as former President Donald Trump defeated Vice President Kamala Harris in Tuesday's presidential election. But at least one big-name tech stock is left out ...

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But at least one big-name tech stock is left out ...</p>\n\n<a href=\"https://www.investors.com/news/technology/meta-stock-trump-zuckerberg-trump-2024-election/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0130103400.USD","symbol_name":"Natixis Harris Associates Global Equity RA USD","start_time":0,"source_url":"https://www.investors.com/news/technology/meta-stock-trump-zuckerberg-trump-2024-election/","article_id":"2481956115","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/02/Stock-Meta-build-shutt-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481956115","pubTimestamp":1730918945,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Trump has called Facebook an \"enemy of the people\" and opposed a ban on TikTok.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4549":"软银资本持仓","L":"洛斯公司","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","GOOGL":"谷歌A","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4548":"巴美列捷福持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","GOOG":"谷歌","PINS":"Pinterest, Inc.","LU0061474960.USD":"天利环球焦点基金AU Acc","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4592":"伊斯兰概念","META":"Meta Platforms, Inc.","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","SNAP":"Snap Inc","3NVD.UK":"LS 3X NVIDIA","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","MSFT":"微软","BK4534":"瑞士信贷持仓","AMZN":"亚马逊","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","2NVD.UK":"2X NVIDIA ETP","RDDT":"Reddit","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","BK4535":"淡马锡持仓","BK4508":"社交媒体","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4577":"网络游戏","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","NVDA":"英伟达","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","BK4550":"红杉资本持仓","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC"},"translate_title":"由于Facebook母公司被排除在特朗普股价上涨之外，Meta股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PINS":1,"META":1,"GOOG":0.9,"SNAP":0.7,"L":0.6,"MSFT":0.6,"NVDA":0.6,"RDDT":0.6,"3NVD.UK":0.6,"AMZN":0.6,"2NVD.UK":0.6,"GOOGL":0.6},"content_text":"Major stock indexes swung higher Wednesday, as former President Donald Trump defeated Vice President Kamala Harris in Tuesday's presidential election. But at least one big-name tech stock is left out of the rally: Meta Platforms (META).\nWhile Amazon (AMZN), Alphabet (GOOGL), Nvidia (NVDA) and Microsoft (MSFT) stocks are each trading higher, shares of the Facebook parent company are down 1.5% at 562.68 in Wednesday trading. Snapchat parent Snap (SNAP) is trading lower Wednesday as well.\n\n\n\n↑\nX\n\n\n\n\nZuckerberg Is Investing Billions On AI. Why It's A Make-Or-Break Moment For Meta.\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nZuckerberg Is Investing Billions On AI. Why It's A Make-Or-Break Moment For Meta.\n\n\n\n\nInvestors appear to be anxious about the relationship between Trump and Meta Chief Executive Mark Zuckerberg. Trump earlier this year said he considered Facebook an \"enemy of the people.\" Trump also was suspended from posting on Facebook and Instagram for two years following the 2021 riots at the U.S. Capitol.\nHowever, Zuckerberg in the past year has been trying to push Meta's platforms away from politics. Trump said in a recent podcast appearance that he likes Zuckerberg \"much better now.\" And the Meta chief executive joined Amazon founder Jeff Bezos in congratulating Trump on Wednesday.\n\"Congratulations to President Trump on a decisive victory,\" Zuckerberg wrote on Meta's Threads app. \"We have great opportunities ahead of us as a country. Looking forward to working with you and your administration.\"\nWill Trump Ban TikTok?\nTrump's election introduces a big question mark for whether TikTok will be banned in the U.S. Under legislation signed in April by President Joe Biden, TikTok owner ByteDance has until to sell the short-video app or it will be banned in the U.S. ByteDance has sued to block the law.\nBut Trump said he was against the ban ahead of its approval in the spring.\n\"There's a lot of good and there's a lot of bad with TikTok,\" Trump said in a March interview with CNBC. \"But the thing I don't like is that without TikTok, you can make Facebook bigger and I consider Facebook to be an enemy of the people along with a lot of the media.\"\nAnalysts generally saw the TikTok ban as a positive for Meta and Snapchat, which both have short video products that compete against TikTok for user attention. Snap stock is down 3.4% at 11.78 in recent action. Reddit (RDDT) stock was slightly lower at 121.56 in recent action Wednesday while Pinterest (PINS) stood out among social media players with a 2% gain on the day to 33.44.\nHowever, Google also has a TikTok competitor in YouTube Shorts but Alphabet shares were up 3% at 176.78 Wednesday.\nAnalyst Neutral On Meta Stock, Social Media Impact\nIn a client note Wednesday, Stifel analyst Mark Kelley said a Trump presidency is unlikely to change the fundamentals for Meta stock. Many investors were not expecting a TikTok ban anyway, he noted.\n\"As such, we don't view a Trump presidency as a negative (for social media), per se,\" Kelley wrote. \"We view his term as unlikely to help the other short-form video properties (Snap, Meta Reels, YouTube Shorts) from attracting more ad budget in the absence of TikTok. Meta and Snap are being weighed down a bit today, so there were clearly some folks who view the election results as a negative, but we're more in the 'neutral' camp.\"\nYOU MAY ALSO LIKE:\nBitcoin Bolts To Record High On GOP Sweep; Analysts Eye $100k\nWhat Trump Vs. Harris Election Outcomes Mean For S&P 500, Fed Rate Cuts\nThis Industry Group — And 4 IPOs — Polish 20 'Perfect' Gems\nRefine Your Stock Picks With This Screening Tool. Here's How.\nIdentify Bases And Buy Points With This Pattern-Recognition Tool","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481956115"}