"Snapchat and Twitter's fates did not befall the Meta Platforms (META) stock price. Ad numbers are still moving in a positive direction. Meta Platforms (META) was hit by currency headwinds as Zuckerberg moderated the tone of an ambitious metaverse," says Robert Cantwell. Meta Platforms (META) sees third quarter total revenue between $26 to $28.5B versus the $30.52B expected. "AWS is likely to hold up well based on Microsoft and Google data. Amazon (AMZN) will likely look better than Walmart (WMT) numbers," Cantwell adds.