Five Things You Need to Know to Start Your Day

Meta's results are mixed. Trump ally wins speakership. Israel delays planned ground operation. Here’s what you need to know today.

Meta Platforms Inc. posted mixed results. Revenue growth beat the average analyst estimate, showing the company can improve the core advertising business while investing heavily in artificial intelligence and virtual reality. Yet it warned about the outlook for next year. The report comes after the Nasdaq 100 saw its worst drop of 2023 as Google parent Alphabet Inc.’s disappointing cloud figures outweighed Microsoft Corp.’s sales. Treasury yields and oil advanced. Amazon.com Inc., Ford Motor Co. and Mastercard Inc. are among the companies scheduled to report earnings on Thursday. The US is scheduled to report third-quarter GDP.