Core Insights - Alphabet (Google) and Meta Platforms experienced contrasting stock reactions after their Q3 earnings reports, despite both being significant players in the AI sector [2]. Alphabet (Google) Summary - Google stock increased by 8% in after-hours trading, driven by a strong Q3 performance with revenue of $102.4 billion, exceeding Wall Street's expectations of $99.85 billion [3]. - The revenue growth was significantly supported by Google Cloud, which reported a 34% increase in revenue to $15.2 billion [3]. - Adjusted earnings per share (EPS) were $2.87, surpassing the projected $2.27 and the previous year's EPS of $2.12 [3]. Meta Platforms Summary - Meta Platforms' stock fell by 8% in after-hours trading following disappointing results, reporting Q3 revenue of $51.24 billion and EPS of $1.05 [4]. - Although revenue slightly exceeded expectations of $49.6 billion, the EPS missed projections of $6.72, primarily due to a one-time tax-related charge [4]. - The decline in stock price may also reflect profit-taking by investors after pre-earnings interest [4]. Comparative Analysis - Despite Google's strong quarterly performance, there is a preference for Meta based on its stronger underlying revenue growth, better operating margins, and relatively lower valuation compared to Google [5]. - Meta's latest quarterly revenue growth was 26%, compared to Google's 16% [6]. - Meta's Last 12 Months (LTM) revenue growth was 15.2%, ahead of Google's 13.6% [6]. - Meta demonstrated stronger profitability with an LTM margin of 42.6% and a 3-year average margin of 34.6% [6].

Let's bring in Kevin Green, senior markets correspondent, right away to help set up the action today. All right, KG. So, it's a lot to chew on today.We've got trade, we've got the latest with the Fed, and then an onslaught of earnings from the tech sector. I know you broke those last night, so I know you've had a chance to kind of dive deeper into these. Um, so before we get into earnings, let's talk the latest on the trade front.Uh, what's your take on this. Well, I think obviously we did see a little bit ...

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Markets are in the midst of the busiest week for third quarter earnings, with results from several Big Tech companies highlighting the calendar. So far, the earnings season is off to a positive start. As of Oct. 24, 29% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 9.2% jump in earnings per share during the third quarter. If that figure holds, it would mark the ninth straight quarter of positive earnings growth but a deceleration from the 12% earnings ...

Key TakeawaysMastercard (MA) and Kellanova (K) reported robust Q3 earnings, with Mastercard surpassing estimates across key financial metrics, including adjusted EPS of $4.38 and net revenue of $8.6 billion.Alphabet (GOOGL) surged 7.5% in pre-market trading following strong Q3 results that beat expectations for EPS, revenue, and cloud revenue, while Meta Platforms (META) plunged 9% due to a significant profit miss and a JPMorgan price target reduction.Roblox (RBLX) delivered an impressive Q3 performance, wi ...

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U.S. stock futures were lower this morning, with the Dow futures falling more than 100 points on Thursday.Shares of Meta Platforms, Inc. (NASDAQ:META) fell sharply in pre-market trading following third-quarter results.Meta posted upbeat earnings for the third quarter on Wednesday. The company said it sees fourth-quarter revenue in a range of $56 billion to $59 billion, versus the $57.21 billion analyst estimate. Meta also increased its FY25 capital expenditure guidance.Meta Platforms shares dipped 8.5% to $ ...

Meta, by any definition, had a strong third-quarter earnings report Wednesday. Earnings per share blew past analyst expectations, coming in at $7.25 per share versus an estimated $6.69. Revenues, meanwhile, topped $50 billion for the first time ever. Despite that, though, the company's stock is poised to drop by between 8% and 9% when it begins trading Thursday morning. That's likely due to its announcement that capital expenditures more than doubled from the same period last year, hitting $19.4 billion — ...

By Amanda Cooper LONDON (Reuters) -Global shares dipped on Thursday as investors remained cautious after U.S. President Donald Trump said he had made a deal with Chinese President Xi Jinping, while the dollar rose against the yen after the Bank of Japan left interest rates unchanged. After a near two-hour meeting with Xi, Trump said he had agreed to reduce tariffs on imports from China in exchange for Beijing resuming U.S. soybean purchases, keeping rare earths exports flowing and cracking down on the il ...

Core Insights - The main narrative from Meta's quarterly report is not centered on the revenue exceeding expectations or the significant one-time tax charge that adversely affected net income [1] Financial Performance - Meta reported a revenue beat, indicating stronger-than-expected financial performance [1] - A one-time tax charge significantly impacted reported net income, overshadowing other financial metrics [1]