The CMA had accepted commitments from Meta in November that would prevent the social media giant from "exploiting" its advertising customers' data. Those proposals included giving competitors that advertise on its platforms the ability to opt out of having their data used for improving Facebook Marketplace. Other changes, if any, to Meta's proposals, accepted earlier, were not disclosed.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
Meta Platforms (META) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.