Raymond James CEO Paul Reilly joins Yahoo Finance Live to discuss the company's first quarter earnings, the Fed's move to potentially hike interest rates in March, and the outlook for the investment banking industry in 2022.
Meta Platforms (NASDAQ: FB), the company formerly known as Facebook, certainly fits that description. During the third quarter, Meta announced that 2.91 billion monthly active users (MAUs) visited Facebook, with another 670 million unique MAUs heading to Instagram and/or WhatsApp, which Meta also owns. There simply isn't a social media platform that gives advertisers access to more eyeballs than what Meta can offer, which is precisely why the company has such incredible ad pricing power.
Good afternoon, everyone and thank you for joining us to discuss our financial results for the second quarter of fiscal 2022 ending December 31, 2021. With me on the call today are Antonio Pietri, AspenTech's president and CEO; and Chantelle Breithaupt, CFO of AspenTech. Factors that might cause such differences include, but are not limited to, those discussed in today's call and contained in our most recently filed Form 10-Q. Also, please note that the following information relates to our current business conditions and our outlook as of today, January 26, 2022.