Fed chief Powell said it's "gratifying" to see inflation cooling despite tight labor markets, spurring a market rally. Meta stock soared late. Read More...
Bloomberg
Meta Soars After Sales Beat, Rosy Forecast as Facebook Grows
(Bloomberg) — Meta Platforms Inc. posted quarterly sales that topped estimates, gave a rosy revenue forecast and indicated Facebook and Instagram still have room to grow, signaling it’s on course for a turnaround after its most difficult year.Most Read from BloombergNational Archives Releases Records Tied to Trump Classified Documents8,000 Layoffs Don’t Exactly Scream Family ValuesPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Adani Stock Crash at $92 Billion as Collateral Worr
