#Earnings spotlight: Meta Platforms

Meta Platforms ( $META) is one of several Magnificent 7 stocks on this week's earnings calendar, with the Facebook parent set to disclose its fourth-quarter results after Wednesday's close.

Analysts expect the social media giant to report earnings of $6.73 per share (+26.3% YoY) on revenue of $47 billion (+17% YoY).

"Meta has set itself apart among tech giants by turning AI [artificial intelligence] investments into quick wins," says Matt Britzman, senior equity analyst at Hargreaves Lansdown. "Unlike cloud providers that sell AI capabilities, Meta focuses its efforts on enhancing its own products, driving higher ad revenue."

Britzman notes that this AI push doesn't come cheap and Meta CEO Mark Zuckerberg is willing to spend to advance this "once-in-a-generation opportunity." As such, the company's spending will be watched closely, with investors understandably cautious given "Meta's past overspending on projects like the metaverse," he adds.
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