Champagne is being popped in Menlo Park tonight: not only is Meta's share price up ~18% after-hours on its Q4 earnings beat, but a judge also rejected the FTC's request for an injunction to block its acquisition of VR developer Within Unlimited today. bloomberg.com/news/articles/
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According to FactSet, analysts' consensus for Meta's Q4 revenue is a decline of 6.5%. If that estimate is ultimately overly pessimistic, it will be because Advantage+, in combination with modeled 28-day conversion measurement, outperformed expectations. twitter.com/astaniscia86/s
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