{"id":288247,"date":"2024-07-30T11:52:20","date_gmt":"2024-07-30T11:52:20","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=news&p=288247"},"modified":"2024-07-30T11:52:20","modified_gmt":"2024-07-30T11:52:20","slug":"meta_stock","status":"publish","type":"news","link":"https:\/\/www.techopedia.com\/news\/meta_stock","title":{"rendered":"What\u2019s Going on With Meta Stock?"},"content":{"rendered":"

Meta\u2019s Q2 2024 earnings are highly anticipated, with analysts forecasting robust growth due to AI investments and strong financial performance.<\/strong><\/p>\n

With the tech giant expected to share its results on July 31, tech stocks across the board witnessed the worst sell-off since October 2022<\/a>. Many analysts expect an improvement in the social media company\u2019s financial health, anticipating Meta\u2019s further foray into AI.<\/p>\n

Most recently, Mark Zuckerberg<\/a> reinforced these expectations in his talk with Nvidia\u2019s CEO, Jensen Huang.<\/p>\n

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Live from #SIGGRAPH2024<\/a>: Our CEO Jensen Huang and @Meta<\/a> CEO Mark Zuckerberg chat on #AI<\/a> and the next computing platforms. Watch the livestream to discover #generativeAI<\/a> and virtual world breakthroughs, and how research is driving AI advancements. https:\/\/t.co\/HXOSbm8q95<\/a><\/p>\n

— NVIDIA (@nvidia) July 29, 2024<\/a><\/p><\/blockquote>\n