Why META's earning didn't comfort the market?
@MaverickWealthBuilder:
$Meta Platforms, Inc.(META)$ continued its strong recovery in the Q3 earnings report, with its primarily advertising-based business. In addition, its extreme cost-cutting measures have resulted in operating profit margins reaching their highest level in 2021.The stock price initially surged by 5%after hours as a sign of respect, but then gave back all the gains and dropped an additional 3 points due to flat Q4 guidance and concerns about macroeconomic conditions, including the Israeli-Palestinian conflict. This is likely to serve as a guide for the overall market trend in the next one or two quarters: low sensitivity to positive news and easily controlled by risk sentiment.SummaryAd revenue was stronger than expected, but investors were not sensit