AI Investments Drive Growth in 2024

    Summary:

  • Meta’s Q3 2024 earnings report is expected to show continued growth with Analysts predicting a 7-17% revenue increase.

Meta Platforms (NASDAQ: META) Price Analysis Today

  • Current Price: Meta is trading at $586.21, up 0.59% for the day.
  • Resistance at $588.80: Meta is nearing a key resistance level. A breakout could lead to further gains, potentially pushing the stock above $600.
  • Support at $542.96: On the downside, Meta has solid support around $542.96, which has held during recent corrections.
  • Next Support Level: Should the stock drop further, the next support to watch is at $498.96.
This chart indicates a bullish trend, with strong momentum heading into Q4.

Meta Stock Forecast 2024: AI and Revenue Growth

Analysts…

Source link