Meta Platforms Inc.
Shares in several big technology companies struggled Thursday as doubts mounted about a tech boom that powered the U.S. stock market during the pandemic and bolstered the economy. Facebook parent Meta Platforms reported a sharp decline in profit and said it lost about a million daily users globally. Its shares plummeted 26% Thursday. But Amazon.com Inc. shares surged after its profit nearly doubled in the holiday period.
The static at Spotify is getting louder. The music streaming giant on Wednesday said it gained users in the recent quarter but declined to issue annual guidance, amid controversy sparked by musician Neil Young pulling his…
