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Why Meta Is the Stock to Watch This Earnings Season
Dan Ives of Wedbush sees AI-driven capital expenditure fueling tech sector growth with the bull market lasting two more years, benefiting major companies like Meta, Microsoft, and Apple.
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Why Meta Is the Stock to Watch This Earnings Season
What an earnings season it’s been for mega-cap tech stocks. Earnings beats, guidance raises, and expectations of future revenue and profit growth led many of the most closely-watched tech giants to see some meaningful price appreciation following the release of their results. However, for investors in Meta Platforms (NASDAQ:META), the feeling likely couldn’t have been further from that reality. Shares of META stock dropped around 9% on October …
·New York, United States
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Dan Ives Says Tech Stocks Will 'Rip Higher' Through Year-End Amid Growing AI Valuation Concerns: 'Bull Market Has 2 More Years Of Runway' - Meta Platforms (NASDAQ:META)
Tech bull Dan Ives predicts 2 more years of AI-driven tech bull market, cites Meta and Microsoft as table pounder.
·New York, United States
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Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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