Meta Platforms (NASDAQ: META) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) recently wrapped up 2022 by reporting earnings for the fourth quarter and fiscal years. Although these internet companies are different -- one is a social media giant, and the other is known for its search engine -- both companies depend heavily on advertising dollars to make money. Wall Street was seemingly more excited about Meta's results, given the stock's 27% run over the past five days, compared to just 5% for Alphabet. Read More...
Meta Platforms (NASDAQ: META) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) recently wrapped up 2022 by reporting earnings for the fourth quarter and fiscal years. Although these internet companies are different — one is a social media giant, and the other is known for its search engine — both companies depend heavily on advertising dollars to make money. Wall Street was seemingly more excited about Meta’s results, given the stock’s 27% run over the past five days, compared to just 5% for Alphabet.
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