Saturday , 21 September 2024
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Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidance

This must be “opposites” week. While Doppelganger Tesla (TSLA) rode horrible misses on Tuesday to a double-digit rally, Meta Platforms (META), the parent company of Facebook, Instagram and Whatsapp and the Oculus, produced impressive beats above Wall Street consensus after the close on Wednesday, only to watch the share price collapse by nearly 10%.

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