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Thursday's Market Minute: Meta Platforms (META) Surges +10% After Earnings Beat - Meta Platforms (NASDAQ:META) - Vimarsana News

Thursday's Market Minute: Meta Platforms (META) Surges +10% After Earnings Beat - Meta Platforms (NASDAQ:META)

Meta Platforms (NASDAQ: META) is on the move after reporting earnings yesterday afternoon, with shares rising more than +10% in premarket trading. Revenue for the second quarter came in at $32B vs. the Street’s estimate of $31.06B, while EPS also beat at $2.98 vs. expectations for $2.92.

Thursday's Market Minute: S&P Futures Blaze Through 4,500 As Earnings Loom - Vimarsana News

Thursday's Market Minute: S&P Futures Blaze Through 4,500 As Earnings Loom

S&P 500 futures this morning saw a relatively muted reaction to cooler-than-expected Producer Price Index data as another earnings season is about to begin tomorrow with the big banks. In the broader picture, it’s been a good time to be a bull; the /ES has been in an upward channel and is enjoying a nearly +18% rally since logging some relative lows on March 13.