21 jam yang lalu
live Updated 2024-10-30T14:10:03Z
- Meta reports third-quarter net aft nan closing doorbell connected Wednesday.
- The institution is expected to study gross of $40.25 billion.
- Meta's banal is up astir 70% successful 2024.
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It's a large time for 1 of Wall Street's largest tech titans.
Meta will study its net for nan 3rd quarterafter nan closing bell, and Wall Street is emotion upbeat heading into nan results.
Analysts are gearing up for different beardown 4th of gross and net for nan Facebook parent, acknowledgment to nan company's usage of AI successful its ads business and sweeping costs cuts implemented complete nan past year.
Shareholders will beryllium keeping an oculus retired for updates connected Meta's early maturation prospects, pinch attraction connected nan company's fourth-quarter guidance, arsenic good arsenic a hunt motor Meta is reportedly moving connected to supplement its AI chatbot.
Meta shares roseate arsenic overmuch arsenic 2% early Wednesday, earlier paring gains to waste and acquisition mostly flat. The banal is up 68% year-to-date.
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Access your favourite topics successful a personalized provender while you're connected nan go.
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