Meta Platforms Inc (NASDAQ:META) is once again in the limelight before its second quarter results today after markets close, but this time it’s not merely stock pickers who are sitting up. Even ETF investors are on high alert, particularly those with exposure via Big Tech and AI-themed ETFs.
With Meta expecting to report its 11th consecutive revenue beat, some high-conviction ETFs may witness substantial movements. Revenues forecasted by the company stand between $42.5–$45.5 billion. Moreover, analysts expect earnings per share of $5.86, up from $5.16 in last year’s second quarter.
