The company reported quarterly revenue of $27.7 billion, down more than 4% from a year ago, after posting a 1% decrease last quarter. Meta's share price fell more than 5% on Wednesday, amid a broad selloff of tech shares, and is now trading at a price last seen in 2017.
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Expected Major Events for Thursday
06:00/GER: Nov GfK consumer climate survey
06:00/DEN: Sep Retail sales index
06:00/NOR: 3Q Labour force survey
06:00/NOR: Aug Labour force survey SA, incl unemployment
07:00/TUR: Sep Foreign Trade
07:00/SPN: 3Q Economically Active Population Survey
07:00/SWE: Oct Quarterly Business Tendency Survey
07:00/SWE: Oct Consumer Tendency Survey
07:00/SVK: Sep PPI
07:00/HUN: Sep Employment & unemployment
08:00/ICE: Sep PPI
08:00/AUT: Oct Austria Manufacturing PMI
08:00/ICE: Oct CPI
08:00/ICE: Sep Labour Force Survey
08:00/GER: Oct Bavaria CPI
08:00/ITA: Oct Consumer Confidence Survey
08:00/ITA: Oct Business Confidence Survey
08:30/UK: Sep Capital issuance
09:00/ITA: Aug Industrial turnover & orders
09:00/CYP: Aug Industrial Production Index
09:00/GRE: Sep PPI
10:00/UK: Oct CBI Distributive Trades Survey
12:15/EU: ECB interest rate announcement
23:01/UK: 3Q BRC-LDC Vacancy Monitor
All times in GMT. Powered by Onclusive and Dow Jones.
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This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
10-27-22 0030ET
