Meta, Tesla, IBM beat estimates but trade lower at the US open; Lam guide misses high hopes
The short answer
Meta beat sales estimates by $1.2B. $META is down 6.5%.
Key figures (as reported)
- Tesla -0.6%: EPS $0.48 vs $0.43 est
- IBM -2.2%: EPS $2.95 vs $2.86 est
- Lam $LRCX -8.5%: guide missed high hopes.
- NQ futures -492 pts, ~$984 per MNQ.
Sources
- investor.atmeta.com
- investor.lamresearch.com
- sec.gov
- sec.gov
- cnbc.com
- cnbc.com
- cnbc.com
- cnbc.com
- cnbc.com
- cnbc.com
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