Meta Platforms, Goldman Sachs And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named Sprott Uranium Miners ETF URNM amid supply shortage here. The ETF has been basing in the 50's level and believes it is a “good entry point.”

Stephen Weiss of Short Hills Capital Partners picked Meta Platforms, Inc. META.

On Wednesday, Meta reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. The revenue came in ahead of a Street consensus estimate of $36.16 billion, according to data from Benzinga Pro. The company reported earnings per share of $4.71 in the first quarter, beating a Street estimate of $4.33.

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Joseph M. Terranova of Virtus Investment Partners said there is more upside ahead for The Goldman Sachs Group, Inc. GS.

On April 15, Goldman Sachs reported better-than-expected first-quarter earnings, posting revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. The Wall Street giant reported EPS of $11.58, beating the consensus of $8.60.

Global Banking & Markets were $9.73 billion, up 15% Y/Y, boosted by a 32% increase in investment banking fees to $2.08 billion, primarily driven by an increase in completed mergers and acquisitions transactions and initial public and secondary offerings.

Price Action:

• Sprott Uranium Miners ETF fell 0.6% on Wednesday.
• Meta shares fell 0.5% to settle at $493.50 during Wednesday's session.
• Goldman Sachs fell 0.2% to close at $423.04 during Wednesday's session.

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