Meta Platforms Set to Report Earnings Today
Meta Platforms (NASDAQ: META) will report its quarterly earnings after the market closes today, July 29. The stock has fallen for nine consecutive sessions, amid concerns over its capital expenditure plans, paralleling a recent sell-off in Alphabet stocks, which experienced negative free cash flow for the first time last week. Key context: Meta’s revenue rose 33% in Q1, driven primarily by its advertising business.
Key Insights Ahead of Report
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