Meta Platforms reported Q1 2024 earnings. Analysts have mixed views, with some optimistic about Meta's focus on AI and the Metaverse, while others recommend selling the stock. Wedbush favors Google, while Needham suggests using Meta as a source of funds.
GM exceeded earnings expectations, with a 7.6% increase in sales and adjusted EPS of $2.62. Analysts have positive outlook on strong margins, EV progress, and capital allocation. Stock dips but trading up. Price targets range from $45-$75.
Although Tesla came up short of estimates on the top and bottom lines, the stock is taking off on Wednesday. Jim Cramer believes the move in Tesla shares is simply about sentiment.