HomeTechFAANGWeighing Ad Spend Weakness Ahead Of Meta Platform's (META) 2Q Report
Weighing Ad Spend Weakness Ahead Of Meta Platform's (META) 2Q Report

Chris Wang and Neil Chilson preview expectations for Meta Platforms ahead of earnings Wednesday. Wang notes revenue decelerated from +55% in 2Q21 to 6.6% in 1Q22, with digital advertising hurt by weakening consumer and business sentiment. Chilson also breaks down the declines in advertising spend, as well as the tough competition from TikTok, and continued fallout from Apple's policy changes.

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