USSTOCK.TODAY
Pre-Market
Log in Sign up

JPMorgan removes Alphabet from coverage list and adds Meta Platforms

Investing.com +1 · ·by G4L

META Meta Platforms Inc
$641.37 +5.12%
View chart & analysis →
GOOGL +1.18% GOOG +0.73% JPM +2.27% AMZN +2.94%
  1. 1JPMorgan has removed Alphabet from its coverage list and added Meta Platforms.
  2. 2Meta Platforms recorded a 26% growth rate in Meta advertising revenue in the third quarter.
  3. 3Meta Platforms generated $13 billion in additional advertising revenue for Meta in the third quarter.

So what's the key point?

JPMorgan replaced Alphabet with Meta Platforms on its list of companies to analyze. Meta Platforms was added because its advertising revenue increased by $13 billion.

Source Investing.com +1 · View original ↗

Related 3-line summaries

Vanguard Russell 1000 Value ETF Outperforms S&P 500 and Nasdaq Composite This Year The Motley Fool +1 · 2h agoAnalysis of Future Cash Flow Growth Potential for Magnificent 7 Companies The Motley Fool +1 · 2h agoAlphabet, Meta, and Oracle Threat Nvidia's Software Monopoly The Motley Fool +1 · 3h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news