Reported 3 months ago
Meta is expected to release its quarterly earnings report, with investors particularly interested in ad spending on its platforms. RBC Capital Markets analyst Brad Erickson expressed optimism about Meta's performance in the advertising sector, despite broader macroeconomic concerns. He highlighted that while uncertainties around Mark Zuckerberg's comments on capital expenditures, the metaverse, and AI remain, the fundamental results for Meta are anticipated to be strong.
Source: YAHOO