Rising above adversity, the U.S. economy has soared above expectations. Growing at a 3.1% annualized clip in Q4 2023, any signs of a recession or market slowdown are hard to find.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) shares rocketed after Thursday's closing bell as the tech giant once again outperformed Wall Street's expectations, this time for the fourth quarter
The company's quarterly revenue rose 25% as its costs fell after layoffs last year.
Meta's Reality Labs has now lost more than $40 billion dating back to late 2020.
Meta will pay a 50 cent dividend, its first ever, and has authorized a $50 billion share buyback.

GOOGL, META: A.I.'s Impact On Big Tech Earnings

03:46pm, Thursday, 01'st Feb 2024
Alphabet's (GOOGL) 4Q adjusted EPS came in at $1.64 versus an estimated $1.60 and its revenue came in at $86.31B versus an estimated $85.27B. Morningstar's Ali Mogharabi and Jawad Hussain discuss big
All but one of the Nasdaq's 20 largest stocks were on the front foot on Thursday, ahead of earnings from tech mega-caps Apple Inc (NASDAQ:AAPL, ETR:APC), Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) and M
James Cakmak, Clockwise Capital partner and portfolio manager, joins 'The Exchange' to discuss Apple and Meta ahead of their earnings.
"Halftime Report" Investment Committee members Bryn Talkington, Josh Brown, Sarat Sethi and Steve Weiss give their top picks to watch for the second half.
Meta Platforms (META) could produce exceptional returns because of its solid growth attributes.
Meta's fourth-quarter earnings report comes a day after lawmakers grilled CEO Mark Zuckerberg and other social media execs in Washington.

Jobless Claims Increased More Than Expected

11:51am, Thursday, 01'st Feb 2024
New Jobless Claims numbers this morning continue to put a subtly different tilt on our current labor market: just like yesterday's lower-than-expected ADP ( ADP ) private-sector payroll tallies, ahead
Amazon is weaving AI into products and processes across its business ecosystem. But its cloud-computing division could benefit most.
Arturo Béjar, former Facebook engineering director and former Instagram consultant, joins 'Squawk Box' to discuss the Senate child-safety hearing with top social media CEOs, key takeaways from their
Brad Erickson, RBC Capital Markets internet services senior analyst, joins 'Squawk Box' to preview earnings from Amazon and Meta, what investors can expect from the two tech giants, and more.
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