​Meta Jumps After Beating On Revenue And Earnings, But Misses On CapEx Despite Rosy Outlook – Tyler Durden

Meta Jumps After Beating On Revenue And Earnings, But Misses On CapEx Despite Rosy Outlook After 3 rather soggy Mag 7 earnings in the past week – with TSLA, GOOGL and MSFT all sliding on earnings – investors were hoping that at least one out of four would surprise positively when the ill-renamed Facebook (aka META) reported earnings after the close. And at least according to the kneejerk reaction, the reaction appears to indeed be favorable, with the stock jumping after the company beat on sales and earnings despite the all-important for AI CapEx print coming soft. Here is what…  — Continue at ZeroHedge News : Read More