Meta Set to Report Third-Quarter Earnings After Market Close
Meta Platforms is scheduled to report third-quarter earnings after the close, with its AI strategy and rising expenses in focus.
Story updates
09:24:54 AM UTC
SquawkNews
By George GloverStock futures were rising Wednesday as investors geared up for Meta Platforms' third-quarter results, which will mark the first time a Big Tech hyperscaler has reported this earnings season.Shares of Meta slid 0.3% ahead of the opening bell. Wall Street will be watching the Facebook…
Meta Platforms is the first of the Big Tech companies to report third-quarter earnings, due after the market close today. The results may mark a turning point in the company's artificial-intelligence strategy, while mounting expenses continue to weigh heavily on its…