Jim Cramer Says The President Trump’s One Big Beautiful Bill Act “Led to a Colossal Earnings Miss” for Meta
Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer recently discussed. Cramer discussed the market’s reaction to the company’s earnings, as he stated: “And Meta, wasn’t it just a glorified advertising site? Well, they embraced AI like none other, spending a fortune… Now, the one that is trickiest is Meta. Even though the revenue was much better than expected, their earnings took a huge temporary hit from the president’s One Big Beautiful Bill Act, led to a colossal earnings miss. But accor ...