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Shares of Meta Platforms, the top performing stock in the Magnificent 7 this year, got a boost Monday as the tech giant ...
META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.
The company regularly generated operating margins in the 30% or even 40% range, while also delivering strong revenue growth. However, by late 2021, the company faced multiple challenges.
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Meta Platforms (META) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock ...
The company’s ability to monetize its user base also improved, with Family Average Revenue Per Person (ARPP) increasing to $12.36, up 10.4% year-over-year. The following chart shows Meta’s ...
So I ran some numbers and if Meta reports near the top-range of their estimates for Q4 2022, this would represent a roughly -1% YoY growth for FY 2022 revenues; $116.9B. For FY2022 EPS, it would ...
Key Points Meta Platforms pushed further into artificial intelligence (AI) last month with a deal to take a 49% stake in Scale AI.The company also benefited from lower tensions around the trade war.
Meta's 2023 first-quarter revenue increased 3% year over year to $28.7 billion, easily surpassing analysts' estimates for revenue of $27.7 billion.
Facebook-parent Meta on Wednesday reported that it grew sales by 3% during the first three months of the year, reversing a trend of three consecutive quarters of revenue declines and far exceeding ...