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Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'
Benzinga4d agoneutral
Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'

CNBC host Jim Cramer said Meta Platforms Inc.‘s (NASDAQ:META) $17 billion child safety settlement will likely have a smaller financial impact than many investors expect, calling it “barely material” to the company’s earnings once spread over a decade. ‘It Could Have Been Disastrous’ Cramer said the settlement could end up being far smaller once spread over its full ten-year term, saying it is “not impactful” compared to what he originally feared. “It could have been disastrous,” he said in a pos