Meta and Alphabet Report Strong Earnings, But Meta's Stock Outperforms Alphabet's by 40%
Meta Platforms (META) and Alphabet (GOOG) both reported strong Q4 earnings, but Meta's stock has surged 37.73% over the past year, while Alphabet's has only gained 8.23%. Meta's advertising revenue rose 24% year-over-year to $58.14B, while Alphabet's Google Cloud revenue grew 48% to $17.66B.
Topics: Advertising Revenue Alphabet Capital Expenditure Earnings Reports Meta Platforms Stock Performance