windy00
02-02

No doubt the Q was a good one, but how much higher are expenses going to be going forward from here both for the Metaverse and AI? $Meta Platforms, Inc.(META)$

Pretty sure I saw $30 billion/year on AI and increasing Metaverse expenses which were over $4 billion just for this Q.

Stock now up 50% in 3 months, 400% in a little over a year and it was so low to begin with due to excessive expenses. Not short - not bashing - just questioning how all the coming increases in expenses are being ignored at the moment.

They cut 22% of the workforce, consolidated their footprint, and had a 23% increase in revenue in the last 12 months.

Those things are not going to be repeated even with the revenue from election cycle spending. Could be peak earnings for some time or maybe it goes to $1000/share???[Smart][Smart][Smart] haha! At least, $500/share .

Meta $1Trln Market Cap: $500 is Within Reach?
META delivered a surprising and stellar earnings with historical 20%+ surge in Friday trading, adding $205 billion in its market cap. The company significantly raised guidance, and announced first-ever $50 billion share buyback and a $0.5 per share dividend. --------------- How will Meta move after earnings? Will Meta head to $500 in Feb.? Are you bullish on social media stock?
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Comments

  • quixzi
    02-02
    quixzi
    HODL! πŸš€πŸ’Ž
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