Citi’s Ron Josey says Meta’s top line is “growing quite nicely”

What happened

CNBC reported Oct 27, 13:17 UTC that Ron Josey, Citi senior internet analyst, said "Top line is growing quite nicely for Meta" while joining 'The Exchange' to discuss Meta shares. The CNBC summary said he discussed Nvidia and AMD's announcement they will invest in Meta. The item concerned Meta Platforms and references to Nvidia and AMD.

Stocks market context

As of Oct 27, 19:30 UTC (moves are from the prior close), Finnhub shows the SPY ETF at $770.19, rose 0.63%, and the QQQ ETF at $721.51, rose 1.31%. Among stocks, Meta Platforms was $623.04, fell 1.19%; NVIDIA was $217.41, rose 0.65%; Apple was $347.19, rose 0.95%; Microsoft was $532.33, fell 0.05%; Amazon was $254.33, rose 2.10%; Alphabet was $323.45, rose 2.10%; Tesla was $407.58, rose 4.08%; and JPMorgan Chase was $336.27, rose 0.67%.

Related coverage

Timesofindia.indiatimes.com reported that Meta seeks up to $95bn in equity. Yahoo reported that Nvidia will invest $3 billion in Meta and expand a partnership on Muse.

• Top line is growing quite nicely for Meta, says Citi’s Ron Josey — CNBC, Oct 27, 13:17 UTC
• Meta seeks up to $95bn in equity — timesofindia.indiatimes.com, Oct 27, 01:57 UTC
• Meta Stock: $25B Priced at $625, 6.5% Preferred — financefeeds.com, Oct 27, 11:10 UTC
• Josh Brown's "Best Stocks in the Market:" Meta and Cloudflare — CNBC, Oct 27, 12:57 UTC
• Nvidia to invest $3 billion in Meta, expand partnership on Muse — Yahoo, Oct 27, 12:52 UTC

What to watch

GOOGL Q3 2026 earnings is scheduled Wed Oct 28 (after the close); MSFT Q1 2027 earnings is scheduled Wed Oct 28 (after the close); AMZN Q3 2026 earnings is scheduled Thu Oct 29 (after the close).

• Wed Oct 28 (before the open) — PSX Q3 2026 earnings · EPS estimate 11.84
• Wed Oct 28 (after the close) — GOOGL Q3 2026 earnings · EPS estimate 3.11
• Wed Oct 28 (after the close) — MSFT Q1 2027 earnings · EPS estimate 4.82
• Wed Oct 28 (after the close) — F Q3 2026 earnings · EPS estimate 0.41
• Wed Oct 28 (after the close) — TMUS Q3 2026 earnings · EPS estimate 2.97
• Thu Oct 29 (after the close) — AMZN Q3 2026 earnings · EPS estimate 2.00

Sources and data

• CNBC (secondary source) — Top line is growing quite nicely for Meta, says Citi’s Ron Josey
• timesofindia.indiatimes.com (secondary source) — Meta seeks up to $95bn in equity
• financefeeds.com (secondary source) — Meta Stock: $25B Priced at $625, 6.5% Preferred
• Yahoo (secondary source) — Nvidia to invest $3 billion in Meta, expand partnership on Muse
• Finnhub (market data) — market data

Market data as of Oct 27, 19:30 UTC; report generated Oct 27, 19:30 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.