Yahoo Finance

Meta Platforms’ earnings, due after the close of trading on Wednesday, will be more complicated than normal because the social media company faces new risks. Of the big tech companies, Meta’s financials are the simplest, with 98% of revenue coming from advertising on apps such as Facebook and Instagram, as well as ads newly launched on Threads, Meta’s competitor to X. Conversations on its earnings calls generally revolve around things like new ad technology, and growth in users, ad prices, and ad views. Wall Street expects continued double-digit growth from the social media company.