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META Jan 2025 230.000 put
| Previous close | 2.0400 |
| Open | 1.9400 |
| Bid | 1.8200 |
| Ask | 2.0900 |
| Strike | 230.00 |
| Expiry date | 2025-01-17 |
| Day's range | 1.9400 - 2.2200 |
| Contract range | N/A |
| Volume | |
| Open interest | 3k |
Yahoo FinanceMeta shares plummet 10%, despite Q1 earnings beat as Q2 outlook disappoints
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
- Yahoo Finance Video
Meta, IBM, AT&T, Boeing, Ford report earnings: What to Watch
Multiple earnings are to be released on Wednesday including: Meta (META), IBM (IBM) , ServiceNow (NOW), AT&T (T) , Boeing (BA), Chipotle (CMG), Ford (F), Hilton (HLT), and Hasbro (HAS) Economic data in the form of durable foods for March will be released on Wednesday. Current estimates are around 2.6% for March, double the number from February. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
ReutersMeta raises 2024 expenses forecast to support AI development
The company expects 2024 capital expenditure in the range of $35 billion to $40 billion, up from its earlier forecast of $30 billion to $37 billion. Meta has been updating its ad buying products with AI tools and short video formats to boost revenue growth, while also introducing AI features like a chat assistant to drive engagement on its social media properties.
