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Barchart
Barchart
Mohit Oberoi

5 Things to Watch When Meta Platforms Reports Q2 Earnings This Week

Meta Amazon.com Inc. Amazon FAANG Google Microsoft

The second quarter earnings season is getting into full swing and Big Tech companies like Alphabet (GOOG), Microsoft (MSFT), Meta Platforms (META), and Amazon (AMZN) will release their earnings reports this week.

With a year to date (YTD) gain of nearly 145%, Meta is not only the best-performing FAANG stock but also the second-best-performing S&P 500 (SPY) stock of 2023. Yet it has been quite a rollercoaster ride for META investors, as it was the worst-performing FAANG stock of 2022, losing two-thirds of its market cap.

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