Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves, we have identified Meta Platforms as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 369 mentions.
Overall mentions represent the number of publications in the past 24 hours that mention the subject, along with a descriptor indicating how it compares to the 7-day average.
Into Most Discussed Topics widget, we find “Earnings Announcement”, “Revenue Increase” and “Earnings Above Expectations” as the social technology company, surged in extended trading after reporting stronger-than-expected second-quarter revenue while current quarter revenue forecast also topped estimates.
On the sentiment side, the orientation of the news headlines is signaling a bullish sentiment score of 90 (very positive).
With an above average confidence index reading to back up the sentiment score.
While subjectivity widget is considered as “Low”.
Regarding technical analysis, from a daily point of view, the stock is bullish. Trading Central Technical Views sees a support at $290.00 with upside targets at $328.30 and $350.00.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
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