Meta is set to report earnings on Wednesday.
Evercore ISI's Mark Mahaney sees the potential for more upside ahead for Meta , despite the stock's monster rally so far this year. It's a big week for mega tech earnings and the social media giant is expected to report on Wednesday. One thing analysts will be paying close attention to is whether Meta's rebound in advertising continued in the third quarter, as well as the effect of its cost-cutting measures.
mountain Meta's year-to-date performance Meta has been able to recover its advertising momentum, said Mahaney, Evercore's head of internet research, in an interview with " Squawk Box " Friday. He noted that his conversations with marketers show that the return on ad spending on the platform has been improving nicely over the last 12 months.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices today: Where to find the cheapest fuel across the countryConrad Hoyt is the overnight news editor at the Washington Examiner.
Read more »
Here Are The Cheapest US States To Buy A Tesla Model YTesla has shown an interesting map of the United States with Model Y starting prices when deducting national and state level subsidies.
Read more »
Here Are The Cheapest US States To Buy A Tesla Model YTesla has shown an interesting map of the United States with Model Y starting prices when deducting national and state level subsidies.
Read more »
KISS Cleveland tickets: Where to get cheapest seats to Oct. 22 ‘End of the Road’KISS will perform at Rocket Mortgage FieldHouse on Sunday, Oct. 22 as part of its 'End of the Road' farewell tour. See how you can get tickets to the Cleveland concert.
Read more »
Dell XPS 13 is still at its cheapest price of the yearDell's discounted price of $600 for the Dell XPS 13 during October Prime Day is still available. You better hurry if you want to take advantage of the offer.
Read more »
This is the cheapest RTX 3070 gaming laptop worth buying todayThe Dell G16 gaming laptop with the Nvidia GeForce RTX 3070 graphics card is available from Dell with a $500 discount, which brings its price down to $1,300.
Read more »