Meta Platforms, Inc. (META)
Pre-market:
| Previous close | 496.10 |
| Open | 508.35 |
| Bid | 493.66 x 100 |
| Ask | 494.05 x 100 |
| Day's range | 484.58 - 510.00 |
| 52-week range | 229.85 - 531.49 |
| Volume | |
| Avg. volume | 17,683,604 |
| Market cap | 1.252T |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 33.23 |
| EPS (TTM) | 14.85 |
| Earnings date | 24 July 2024 - 29 July 2024 |
| Forward dividend & yield | 2.00 (0.41%) |
| Ex-dividend date | 21 Feb 2024 |
| 1y target est | 533.04 |
Yahoo FinanceTikTok vows to take US ban bill to the courts. It faces an uphill climb.
TikTok has vowed to challenge in court a new law that could result in a ban of the video app in the US, but it could find that it is on less-than-solid legal ground.
- Yahoo Finance Video
Meta stock falls on disappointing Q2 revenue outlook
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, $36.46 billion compared to the $36.12 billion estimate. For the second quarter, the social media giant sees revenue of $36.5 billion to $39 billion. Analysts were expecting $38.24 billion of revenue in the quarter, which means the midpoint of the range is a disappointment to the Street. Yahoo Finance's Julie Hyman, Josh Lipton, Josh Schafer, and Alexandra Canal break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Barrons.comThese Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Impinj, Microsoft, Alphabet, and More
Shares of Meta Platforms tumble after a disappointing outlook, while IBM slumps after revenue misses analysts’ estimates. Microsoft, Alphabet, and Intel are scheduled to report earnings after the close of trading Thursday.
