Meta's stock plunges almost 10% on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
The top 3
- The Top 3 Global Tech Revenue Leaders: Amazon leads the tech industry with $637.9 billion in revenue, followed by Apple at $416.0 billion and Alphabet (Google's parent company) at $350.0 billion.
- Tech Giants Ranking 4th to 6th by Revenue: Microsoft is the fourth largest tech company by revenue at $281.7 billion, with Samsung Electronics fifth at $220.3 billion and Foxconn sixth at $213.9 billion.
- Meta's Revenue Compared to Top Tech Firms: Meta Platforms reported an annual revenue of $200.96 billion for the fiscal year 2025, placing it below Samsung and Foxconn in the ranking of top tech companies by revenue.
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