Wall Street Likes Meta’s Plans to Cut Costs
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
Using a network of banks, law firms and advisers in multiple countries, Roman Abramovich invested billions in American hedge funds.
But the Biden administration sent only a deputy commerce secretary to the high-profile gathering, amid shifts in global politics and diplomatic strains.
Flush with capital, the funds have gone bargain hunting in Britain, snapping up everything from supermarkets to defense companies.
