Find out why Meta's stock is on a wild ride and how investor expectations are shaping its fate. #MetaStock #EarningsBeat #StockMarket
Meta, the social media giant behind Facebook and Instagram, experienced a rollercoaster ride in the stock market recently. Despite a big earnings beat in the first quarter, the company's stock plummeted by 10% due to weak revenue guidance. Investors were initially optimistic after Meta's robust growth showcased its recovery in recent years. However, the shaky guidance left many questioning the company's future trajectory.
In a surprising turn of events, Meta's stock plunged further by 18% as a light revenue forecast overshadowed the better-than-expected results for the first quarter. The company's struggle with meeting investor expectations became evident, reflecting a turbulent period for the tech giant. Despite reporting strong Q1 earnings, the stock continued to slide, highlighting the disconnect between performance and market sentiment.
As the saga continued, Meta stock dropped by 10% following a disappointing second-quarter outlook despite beating analysts' expectations in Q1. The double whammy of higher spending on AI and underwhelming growth expectations for the June quarter contributed to the downward spiral. The uncertainty surrounding Meta's future investments and revenue streams added fuel to the fire, causing a ripple effect across the stock market.
In a final blow, Meta's stock plunged 15% as the company revealed plans to heavily invest in its future, signaling a shift towards greater innovation but triggering immediate market apprehension. Despite the positive earnings beat, Meta's stock struggled under the weight of aggressive AI spending plans, leaving investors wary of the company's next moves.
Meta's robust growth during the first quarter reflects the social media giant's dramatic recovery in recent years, but the company's guidance left much to ...
Meta issued better-than-expected results for the first quarter, but the stock sank on a light revenue forecast. The company has lifted investor expectations ...
Meta stock sank late Wednesday, despite the social media giant behind Facebook and Instagram reported better-than-expected Q1 earnings.
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
The stock is getting hit by a double-whammy of higher spending on AI and slightly disappointing growth expectations for the June quarter. Meta shares have ...
Facebook parent Meta Platforms reported first-quarter earnings after Wednesday's closing bell. Follow along live as MarketWatch breaks down the results.
Meta Platforms (META) reported first quarter earnings of $4.71 per share, well above analyst estimates of $4.30. Revenue was about in line with expectations ...
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected ...
Meta shares tumbled in after-hours trading Wednesday after the company provided weak guidance despite an earnings beat.
Meta CEO Mark Zuckerberg in 2024. Photo by Anna Moneymaker/Getty Images. Meta Platforms Inc. increased its spending estimates for the year and projected second ...
Zuckerberg's plans for bIg spending on AI sent Meta's shares tumbling 15%.
Shares in Meta fell more than 15% in trading late Thursday after the tech giant warned Wall Street that it expects third quarter revenue and earnings to ...
First quarter revenue rose 27% to $36.46bn, while analysts had expected earnings of $36.16bn. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, ...
Meta CEO Mark Zuckerberg unnerved investors on the company's quarterly earnings call Wednesday by focusing on its long-term investments in AI and the ...
Shares in Meta plunged in premarket trading Thursday as the company's plans to “invest aggressively” in artificial intelligence spooked investors.
Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter-than-expected revenue, knocking nearly $200 billion off its ...
Shares of Meta Platforms sank nearly 15% on Thursday, sparking a selloff in big tech stocks after the social media giant signaled its costly bet on AI would ...
Meta shares tumbled 12% during premarket trading on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings ...
During Meta's earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.
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Meta Platforms (META) beat analysts' top- and bottom-line estimates in its first-quarter earnings report. Nevertheless, META stock is falling fast in ...
Shares in Meta plunged in premarket trading Thursday as the company's plans to “invest aggressively” in artificial intelligence spooked investors.