Meta Stock Rebounds After $64.6 Billion Q3 Earnings Beat as…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Meta Platforms (NASDAQ: META) reported stronger-than-expected third-quarter revenue on Wednesday, October 21, as advertising growth continued to support its aggressive artificial intelligence investments. However, a separate $25 billion judgment in New Mexico, elevated infrastructure spending and weakening operating margins have complicated the outlook for Meta stock. The Facebook and Instagram pa…