Shares of Facebook parent Meta Platforms, Inc. $FB: $237.09(-0.28%) closed more than 26% lower on Thursday, wiping out nearly $230 billion from its market value after the company’s revenue growth outlook for the next quarter came below the expectations.

The company’s quarterly results reflected the…

Google’s parent company Alphabet posted a 41% year-on-year rise in its annual revenue for the fiscal ended December 2021. It reported $257 billion in revenue against $182 billion posted a year ago. The pandemic added to the expansion of digital transformation across sectors.

Earnings Per Share for the full…

SeaWorld Entertainment Inc., a theme park & entertainment company, has offered $3.4 billion to Cedar Fair to acquire it. As per the Bloomberg report, SeaWorld has put up $60 per unit in cash for Sandusky, Ohio-based Cedar Fair, as per the sources, who informed the leading daily, on the condition of anonymity.

Shares of Cedar Fair jumped more than 13%…

The U.S. economic growth outpaced the expectations, ending 2021 at a higher note on the back of an increase in inventories and consumer spending.

Gross domestic product, the sum of all goods and services produced during the Oct-Dec quarter, grew at an annual rate of 6.9%, “advance” estimate released by the Bureau of Economic Analysis.…