Earnings scrutiny on Meta Platforms and Netflix leads to selling pressure then potential buying opportunities.

From Nasdaq: 2024-04-26 07:16:00

Earnings season brings scrutiny to Meta Platforms and Netflix. Both companies saw selling pressure after posting strong quarterly results. Netflix’s total subscribers grew by 16% year-over-year, while Meta Platforms experienced an 80% increase in earnings. Despite post-earnings dips, positive outlooks and analyst revisions suggest potential buying opportunities for investors in both companies.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: Meta Platforms and Netflix