Reported about 15 hours ago
As Meta Platforms prepares to announce its second-quarter earnings, analysts express strong optimism, with 25 out of 27 maintaining a 'buy' rating. The company's significant investment in AI has caught attention, especially after Google increased its capital expenditure forecasts. Meta's expected revenue for the quarter is $44.81 billion, a 15% increase from last year, highlighting analysts' growing expectations for the company's future returns.
Source: YAHOO