Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss
Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected in the new year and promised more share repurchases amid cost cuts. Meta META, said it hauled in $32.17 billion…
#metaplatformsinc #metameta #meta #susanli #alphabetincs #goog #markzuckerberg #reels #tiktok #appleincs