Shares of Meta Platforms (META) fell 11.3% after releasing better-than-expected Q3 results, surpassing $50 billion in revenues for the first time. A $15.93 billion tax charge and increased capital expenditure for 2025 impacted the stock price. Investors could see this dip as a buying opportunity, but risks remain. META reported adjusted earnings of $7.25 per share, beating estimates, with revenues of $51.24 billion, up 26.2% YoY. Ad revenues grew 25.6%, and Reality Labs revenues soared 74.1%. META’s AI recommendation systems led to increased time spent on platforms. Cash from operating activities improved YoY. META expects strong ad revenue growth but lower Reality Labs revenues in Q4. Legal and regulatory challenges could impact results. META anticipates substantial cash tax savings under new U.S. tax law. ETFs like iShares Global Comm Services ETF (IXP), Global X PureCap MSCI Communication Services ETF (GXPC), Vanguard Communication Services ETF (VOX), and Communication Services Select Sector SPDR ETF (XLC) offer exposure to META. VOX and XLC are top performers. Consider ETFs for META exposure amid stock volatility.

Read more at Nasdaq: Watch These ETFs to Tap Meta’s 11% Slump Post Q3 Earnings Beat