Технический Анализ #S-FB : 2023-10-26 аналитика
- Подробности
- Категория: Аналитика брокеров
- Опубликовано 08.11.2023 11:45

Stock of Meta Platforms, Inc., the Facebook parent, ended lower on Wednesday reversing earlier gains after the social media giant reported better than expected third quarter revenue and earnings. The company posted quarterly profit of $11.6 billion and reported its largest sales in two years: $34.2 billion - up 23% over year. Earnings outperformance was attributed to increase in advertising revenue and job cuts as well as cost cutting by chief executive officer Mark Zuckerberg. However, the social media giant cut spending plans at it warned on weaker advertising trends in fourth quarter. Expectations of weaker advertising revenue is bearish for Meta stock price.
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