Tesla (TSLA) stock has slumped in 2024, after doubling last year, and has dropped around another 10% since the EV giant reported worse-than-expected fourth-quarter earnings and revenue on Jan. 24.
META Platforms, formerly known as Facebook, Inc., underwent a major rebranding in late 2021 to reflect its evolving focus on the metaverse and broader ambitions beyond social media. The company's decision to rebrand to META represents a strategic shift toward building a virtual, interconnected digital universe where people can interact, work, play, and create.
Futures are a type of derivative contract agreement to buy or sell a specific commodity asset or security at a set future date for a set price. Futures contracts, or simply "futures," are traded on futures exchanges like the CME Group and require a brokerage account that’s approved to trade futures.