News Formal

Meta's latest earnings beat overshadowed by slowing 4Q ad sales outlook. What the pros say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Pros on CNBC discussed Meta after the company reported third-quarter results that beat expectations but forecasted slowing ad sales in the fourth quarter.

Market Movers rounded up the latest reactions to Meta from investors and analysts. The pros, including Jim Cramer , discussed the tech giant after it reported third-quarter results. With the help of digital ad spending growth, the company reported revenue increased 23%, its fastest rate since 2021.

The Facebook parent's stock popped in after hours trading Wednesday but reversed its gains after management warned of fourth-quarter ad softness due to the unpredictability of the Israel-Hamas war . Meta closed the trading session down 3.7% and is currently held in Cramer's Charitable Trust portfolio.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Meta Platforms Stock News: META loses 4% as Q4 uncertainty prevails on earnings beatMeta Platforms (META), the owner of Facebook, Instagram and WhatsApp, saw its stock price decline over 4% at Thursday’s open in its first regular ses
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

CNBC Daily Open: Strong earnings pave the way for marketsMarkets are now slowly starting to come away from the tumultuous swings of last week when Treasury yields were high, and catalysts were few.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »