META Stock Faces Earnings Test After Trump’s Major Purchase

TLDR Meta will release its third-quarter earnings on October 21 after the US market closes. Trump’s August financial disclosure showed a Meta stock purchase valued between $5 million and $25 million. Meta’s second-quarter revenue rose 28% to $60.8 billion as advertising demand supported growth. Meta expects capital spending of $130 billion to $145 billion in [...]

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