Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidance

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Software Berita

Technical Analysis,Media,Newstrading

This must be 'opposites' week.

Meta Platforms raised its capex guidance for 2024.

traded flat to down for much of Wednesday regular session. Thismust be opposites week. While Doppelganger Tesla rode horrible misses on Tuesday to a double-digit rally, Meta Platforms , the parent company of Facebook, Instagram and Whatsapp and the Oculus, produced impressive beats above Wall Street consensus after the close on Wednesday, only to watch the share price collapse by nearly 10%.

's intrinsic value. The daily chart below shows that support sits in three places. First, there's the 50-day Simple Moving Average at $495, a level that Meta Platforms has been lately trading below. Then there's the 100-day SMA near $434. Below there, the $400 level comes into view, which is near where

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 14. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Earnings playbook: Your guide to trading a huge week of reports, including Meta PlatformsA big week of earnings looms, featuring some of the largest companies in the world.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »