UK investors breathe sigh of relief as Meta delivers bullish update amid tech sector turbulence

  • Tens of thousands of UK savers with exposure to US technology stocks, whether through ISAs, SIPPs, or global equity funds, will be heartened by Meta Platforms Inc's (NASDAQ:META, ETR:FB2A, SWX:FB) stronger-than-expected first-quarter results, released after-hours Wednesday. Shares in the social media giant are on course to open more than 5% higher on Thursday, providing a much-needed boost after a rocky start to the year for the so-called ‘Magnificent Seven'.