Meta shares dip following cautious commentary about unrest in the Middle East

Shares of Meta closed down more than 3% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due to the ongoing Israel-Hamas war.

Meta reported $34.15 billion in revenue for the quarter, up 23%, and the fastest rate of growth since 2021. The company’s net income jumped 164% to $11.58 billion, or $4.39 a share. Both revenue and earnings surpassed Wall Street’s…