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Meta Platforms stock is up over 30% year-to-date. Analysts see potential growth coming from the new Meta AI rollout.
Social media and technology company Meta Platforms Inc (NASDAQ:META) will report first-quarter financial results after market close Wednesday, April 24. Here are the earnings estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect Meta Platforms to report first-quarter revenue of $36.16 billion, according to data from Benzinga Pro. The company reported revenue of $28.65 billion in last year's first quarter. Meta Platforms has beaten revenue estimates from
U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022.
U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022. At noon trading in New York on Monday, major indices all traded higher, indicating modest gains, as investors prepare for a week jam-packed with pivotal earnings reports from major corporations, including Visa Inc. (NYSE:V), Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc. (NASDAQ:META), Microsoft Corp. (NYSE:MSFT), and Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG). Easing geopol
In recent years, the FAANG era of tech dominance has given way to the rise of Mag7 and now the AI5 - Microsoft, TSMC, Broadcom, Nvidia, and AMD - shaping the market with their cutting-edge AI technology.