Meta (META) will report earnings after the market closes Wednesday, with investors watching whether the social media giant's stock can keep up its strong performance so far this year.
META is leveraging AI to boost engagement across its offerings, which attract users and drive top-line growth. This makes the stock attractive to investors.
Meta Platforms said on Friday its artificial intelligence chatbot will use Reuters content to answer user questions in real time about news and current events, the latest AI tie-up between a big technology company and a news publisher.
Mark Shmulik, Bernstein analyst, join CNBC's 'Money Movers' to discuss outlooks on Meta, how the company can withstand potential volatility during the election, and more.
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Beyond analysts' top -and-bottom-line estimates for Meta Platforms (META), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Meta Platforms (META) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Meta Platforms, a top performer in 2023, passes all five of my Five Factor Model metrics, indicating strong growth potential and reasonable valuation. Key growth areas include AI content generation, smart glasses, Threads, and the metaverse, each with significant revenue potential and user engagement. I expect Meta's Q3 earnings and revenues to come in slightly ahead of forecasts, driven by AI ad efficiencies and stable economic conditions.
Meta Platforms Inc NASDAQ: META has been having a good year. Its ongoing rally, which kicked off around this time in 2022, is continuing to go from strength to strength and analysts are calling for even more gains ahead in the coming weeks.
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is expected to deliver a third quarter earnings beat amid high expectations, analysts at Bank of America believe. They expect revenue of $40.4 billion and earnings per share of $5.35, above the Street consensus of $40.2 billion and $5.19, respectively.
Meta Platforms (META) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.