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.
Analyst John Murphy of BofA Securities reiterates Buy rating for Ford, citing strong operational performance driven by Pro volume growth and improved Model e losses. Despite tax challenges, Ford's 2024 outlook remains steady with slight adjustments in FCF and Capex. Murphy believes Ford's resilience amid pricing pressure and high demand for Pro bode well for future growth prospects.
Analyst Joseph Feldman predicts Amazon will see double-digit sales and profit growth in Q1 2024, driven by online spending, expanded merchandise, faster fulfillment, and AWS stabilization.