Tech Stocks Set to Drop After Facebook Profit Disappoints

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Tech Stocks Set to Drop After Facebook Profit Disappoints
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Tech-stock futures dropped after a decline in profit for Facebook parent Meta, whose shares plunged in off-hours trading

Investors await Amazon.com earnings and rate decisions by the European Central Bank and Bank of England

Amateur investors took the stock market by storm a year ago, buying up shares of meme stocks like GameStop and AMC Entertainment. Many remember it as a revolution against Wall Street, but in the end, they largely just lined the pockets of major financial firms. WSJ’s Dion Rabouin explains. Illustration: Sebastian Vega

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