Lynch preferred companies with low P/E ratios relative to growth, manageable debt, and strong profitability. In this analysis, we see if META PLATFORMS INC-CLASS A (NASDAQ:META) fits his winning formula.
Meta Platforms Inc. (NASDAQ: META) has projected that its generative AI products could potentially rake in revenue ranging from $460 billion to $1.4 trillion by the year 2035. This information was gleaned from court documents that were recently unsealed.
Shares of social network operator Meta Platforms (NASDAQ:META)
jumped 7.2% in the pre-market session after the company reported strong first quarter 2025 results which exceeded analysts' expectations across revenue, EPS, and EBITDA. Revenue grew 16% year over year, driven by a 10% rise in average ad prices and a 5% increase in impressions across Meta's Family of Apps.
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
NVIDIA Corp (NASDAQ:NVDA) shares are trading higher Thursday following strong quarterly reports from Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META). The stock also took another leg higher following reports suggesting a potential easing of chip restrictions.
Meta reported better-than-expected first-quarter results after Wednesday's closing bell. Analysts are weighing in on the report while investors drive the stock price higher Thursday.
Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.
