"META remains very well-owned, but there is escalating caution into earnings on Pretty much-specific growth deceleration over and above 1Q because of rough comps & perception of deficiency of new drivers vs.
The Fb dad or mum has been clawing back electronic advert sector share following a dismal 2022. At the moment, the corporate was reeling from meta stock Apples iOS privateness update and macroeconomic worries that led a lot of manufacturers to rein in shelling out.