BofA says Meta and Alphabet's cost-cutting measures will boost earnings. Here's why we agree

2 years ago 109

Expectations were already debased going into Meta's latest quarterly results, which were a mixed back.

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Meta Platforms (META) and Alphabet (GOOGL) should beryllium capable to support their net amended than peers successful a imaginable recession, Bank of America analysts argued successful a enactment to clients Tuesday. That's a presumption we stock and 1 that contributes to our ain bargain ratings connected some Club holdings.

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