META Beats on Q4 Earnings, Plans Big Spending: ETFs in Focus
Meta Platforms(META) ZACKS·2025-01-31 01:01
After the closing bell on Jan. 29, Facebook’s parent company, Meta Platforms (META) came up with better-than-expected fourth-quarter 2024 results, beating on both the top and bottom lines. The company forecasts a slowdown in revenue growth for the current quarter and said expenses in 2025 will grow faster than last year.META shares dropped 5% initially in after-market hours and recovered later to close up about 2%. ETFs with a large allocation to this social media giant are in focus. These include iShares G ...