Previous Close | 159.92 |
Open | 159.09 |
Bid | 161.00 x 200 |
Ask | 161.12 x 600 |
Day's Range | 158.82 - 161.39 |
52 Week Range | 104.42 - 161.70 |
Volume | |
Avg. Volume | 22,934,167 |
Market Cap | 1.99T |
Beta (5Y Monthly) | 1.05 |
PE Ratio (TTM) | 27.78 |
EPS (TTM) | 5.80 |
Earnings Date | Apr 23, 2024 - Apr 29, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 165.29 |
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
The latest investor updates on stocks that are trending on Thursday.
Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction.