Nasdaq Moves Lower; Meta Platforms Posts Strong Sales
1. Meta Platforms reported Q4 revenue of $48.39 billion, exceeding estimates. 2. Earnings per share were $8.02, well above the forecast of $6.77. 3. Communication services sector rose by 1.9%, influencing Meta's stock sentiment. 4. NASDAQ fell 0.25%, indicating mixed investor sentiment in technology stocks. 5. Jobless claims dropped to 207,000, reflecting potential economic stability.