Honestly it will not go up cos

2022-10-27

Honestly it will not go up cos many buyers due to its cheap price! Just wait and see

Meta Stock Plunged 19% in Premarket Trading

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Coldastone17
2022-10-27
Coldastone17
Sorry typo..it will go up cos now its cheap and alot of buyers. GIve it sometime
ops22
2022-10-27
ops22
OK

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9986029948,"tweetId":"9986029948","gmtCreate":1666857818784,"gmtModify":1676537817992,"author":{"id":3562193648411471,"idStr":"3562193648411471","authorId":3562193648411471,"authorIdStr":"3562193648411471","name":"Coldastone17","avatar":"https://community-static.tradeup.com/news/4f1bd3166de45ed68ce52aacd1ca37f1","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Honestly it will not go up cos many buyers due to its cheap price! Just wait and see</body></html>","htmlText":"<html><head></head><body>Honestly it will not go up cos many buyers due to its cheap price! Just wait and see</body></html>","text":"Honestly it will not go up cos many buyers due to its cheap price! Just wait and see","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9986029948","repostId":1169598897,"repostType":4,"repost":{"id":"1169598897","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1666857628,"share":"https://www.laohu8.com/m/news/1169598897?lang=&edition=full","pubTime":"2022-10-27 16:00","market":"us","language":"en","title":"Meta Stock Plunged 19% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1169598897","media":"Tiger Newspress","summary":"Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly mo","content":"<html><head></head><body>Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down 19% in premarket trading Thursday as investors voiced skepticism about the company&#39;s pricey metaverse bets.<img src=\"https://static.tigerbbs.com/482fc5c0a1edad7c97f804c35ad90fd4\" tg-width=\"796\" tg-height=\"615\" width=\"100%\" height=\"auto\"/>The forecast knocked about $67 billion off Meta&#39;s stock market value in extended trade, adding to the more than half a trillion dollars in value already lost this year.The disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Apple, concerns about massive spending on the metaverse and the ever-present threat of regulation.Executives announced plans to consolidate offices and said Meta would keep headcount flat through the end of 2023.Revenue fell 4% in the third quarter ended Sept. 30. That deepened a revenue decline begun the previous quarter, when the company posted a first-ever revenue drop of 0.9%, although it was less steep than the 5.6% decline Wall Street had expected, according to IBES data from Refinitiv.More troubling was the company&#39;s estimate that fourth-quarter revenue would be in the range of $30 billion to $32.5 billion, mostly under analysts&#39; estimates of $32.2 billion, according to the Refinitiv data.Meta also forecast that its full-year 2023 total expenses would be $96 billion to $101 billion, significantly higher than a revised estimate for 2022 total expenses of $85 billion to $87 billion.That includes an estimated $2.9 billion in charges over the course of both 2022 and 2023 from the office downsizing.It also forecast that operating losses associated with the Reality Labs unit responsible for its metaverse investments would grow in 2023 and pledged to &#34;pace&#34; investments after that.Total costs for the third quarter came in above estimates at $22.1 billion, compared with $18.6 billion the year prior.<h2>&#39;EXPERIMENTAL BETS&#39;</h2>Meta is carrying out several overhauls of its apps and ads products to keep its core business pumping out profits, while also investing $10 billion a year in a bet on metaverse hardware and software.Chief Executive Mark Zuckerberg has said he expects the metaverse investments to take about a decade to bear fruit. In the meantime, he has had to freeze hiring, shutter projects and reorganize teams to trim costs.An analyst on the investor call told Zuckerberg investors were worried that the company had taken on &#34;just too many experimental bets&#34; and asked the chief executive why he believed his gambles would pay off.Meta executives defended the spending, saying most of the company&#39;s expenses were still going toward the core business, including investments in more expensive AI-related servers, infrastructure and data centers.Zuckerberg added that he expected the metaverse work to provide returns over time.&#34;I appreciate the patience,&#34; he said. &#34;And I think that those who are patient and invest with us will end up being rewarded.&#34;Zuckerberg said plays of Meta&#39;s TikTok-like short-video product Reels now number more than 140 billion across Facebook and Instagram each day, up 50% from six months ago, and its revenue run rates are now $3 billion annually.He believes Reels is gaining against rival TikTok, he added, with Reels being reshared more than 1 billion times a day.Meta also posted user growth figures roughly in line with expectations, including a year-over-year increase of monthly active users on flagship app Facebook.&#34;The worry for Meta is that this pain is likely to continue into 2023 as cost headwinds remain a real challenge and the strong dollar impacts on overseas earnings,&#34; said Ben Barringer, equity research analyst at Quilter Cheviot.&#34;Given revenues were down at a time when costs have grown significantly, modest user growth and impressions simply isn&#39;t going to bail you out.&#34;Net income in the third quarter fell to $4.40 billion, or $1.64 per share, from $9.19 billion, or $3.22 per share, a year earlier, its worst showing since 2019 and the fourth straight quarter of profit decline.Analysts had expected a profit of $1.86 per share.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Stock Plunged 19% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Stock Plunged 19% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2022-10-27 16:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down 19% in premarket trading Thursday as investors voiced skepticism about the company&#39;s pricey metaverse bets.<img src=\"https://static.tigerbbs.com/482fc5c0a1edad7c97f804c35ad90fd4\" tg-width=\"796\" tg-height=\"615\" width=\"100%\" height=\"auto\"/>The forecast knocked about $67 billion off Meta&#39;s stock market value in extended trade, adding to the more than half a trillion dollars in value already lost this year.The disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Apple, concerns about massive spending on the metaverse and the ever-present threat of regulation.Executives announced plans to consolidate offices and said Meta would keep headcount flat through the end of 2023.Revenue fell 4% in the third quarter ended Sept. 30. That deepened a revenue decline begun the previous quarter, when the company posted a first-ever revenue drop of 0.9%, although it was less steep than the 5.6% decline Wall Street had expected, according to IBES data from Refinitiv.More troubling was the company&#39;s estimate that fourth-quarter revenue would be in the range of $30 billion to $32.5 billion, mostly under analysts&#39; estimates of $32.2 billion, according to the Refinitiv data.Meta also forecast that its full-year 2023 total expenses would be $96 billion to $101 billion, significantly higher than a revised estimate for 2022 total expenses of $85 billion to $87 billion.That includes an estimated $2.9 billion in charges over the course of both 2022 and 2023 from the office downsizing.It also forecast that operating losses associated with the Reality Labs unit responsible for its metaverse investments would grow in 2023 and pledged to &#34;pace&#34; investments after that.Total costs for the third quarter came in above estimates at $22.1 billion, compared with $18.6 billion the year prior.<h2>&#39;EXPERIMENTAL BETS&#39;</h2>Meta is carrying out several overhauls of its apps and ads products to keep its core business pumping out profits, while also investing $10 billion a year in a bet on metaverse hardware and software.Chief Executive Mark Zuckerberg has said he expects the metaverse investments to take about a decade to bear fruit. In the meantime, he has had to freeze hiring, shutter projects and reorganize teams to trim costs.An analyst on the investor call told Zuckerberg investors were worried that the company had taken on &#34;just too many experimental bets&#34; and asked the chief executive why he believed his gambles would pay off.Meta executives defended the spending, saying most of the company&#39;s expenses were still going toward the core business, including investments in more expensive AI-related servers, infrastructure and data centers.Zuckerberg added that he expected the metaverse work to provide returns over time.&#34;I appreciate the patience,&#34; he said. &#34;And I think that those who are patient and invest with us will end up being rewarded.&#34;Zuckerberg said plays of Meta&#39;s TikTok-like short-video product Reels now number more than 140 billion across Facebook and Instagram each day, up 50% from six months ago, and its revenue run rates are now $3 billion annually.He believes Reels is gaining against rival TikTok, he added, with Reels being reshared more than 1 billion times a day.Meta also posted user growth figures roughly in line with expectations, including a year-over-year increase of monthly active users on flagship app Facebook.&#34;The worry for Meta is that this pain is likely to continue into 2023 as cost headwinds remain a real challenge and the strong dollar impacts on overseas earnings,&#34; said Ben Barringer, equity research analyst at Quilter Cheviot.&#34;Given revenues were down at a time when costs have grown significantly, modest user growth and impressions simply isn&#39;t going to bail you out.&#34;Net income in the third quarter fell to $4.40 billion, or $1.64 per share, from $9.19 billion, or $3.22 per share, a year earlier, its worst showing since 2019 and the fourth straight quarter of profit decline.Analysts had expected a profit of $1.86 per share.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169598897","content_text":"Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down 19% in premarket trading Thursday as investors voiced skepticism about the company's pricey metaverse bets.The forecast knocked about $67 billion off Meta's stock market value in extended trade, adding to the more than half a trillion dollars in value already lost this year.The disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Apple, concerns about massive spending on the metaverse and the ever-present threat of regulation.Executives announced plans to consolidate offices and said Meta would keep headcount flat through the end of 2023.Revenue fell 4% in the third quarter ended Sept. 30. That deepened a revenue decline begun the previous quarter, when the company posted a first-ever revenue drop of 0.9%, although it was less steep than the 5.6% decline Wall Street had expected, according to IBES data from Refinitiv.More troubling was the company's estimate that fourth-quarter revenue would be in the range of $30 billion to $32.5 billion, mostly under analysts' estimates of $32.2 billion, according to the Refinitiv data.Meta also forecast that its full-year 2023 total expenses would be $96 billion to $101 billion, significantly higher than a revised estimate for 2022 total expenses of $85 billion to $87 billion.That includes an estimated $2.9 billion in charges over the course of both 2022 and 2023 from the office downsizing.It also forecast that operating losses associated with the Reality Labs unit responsible for its metaverse investments would grow in 2023 and pledged to \"pace\" investments after that.Total costs for the third quarter came in above estimates at $22.1 billion, compared with $18.6 billion the year prior.'EXPERIMENTAL BETS'Meta is carrying out several overhauls of its apps and ads products to keep its core business pumping out profits, while also investing $10 billion a year in a bet on metaverse hardware and software.Chief Executive Mark Zuckerberg has said he expects the metaverse investments to take about a decade to bear fruit. In the meantime, he has had to freeze hiring, shutter projects and reorganize teams to trim costs.An analyst on the investor call told Zuckerberg investors were worried that the company had taken on \"just too many experimental bets\" and asked the chief executive why he believed his gambles would pay off.Meta executives defended the spending, saying most of the company's expenses were still going toward the core business, including investments in more expensive AI-related servers, infrastructure and data centers.Zuckerberg added that he expected the metaverse work to provide returns over time.\"I appreciate the patience,\" he said. \"And I think that those who are patient and invest with us will end up being rewarded.\"Zuckerberg said plays of Meta's TikTok-like short-video product Reels now number more than 140 billion across Facebook and Instagram each day, up 50% from six months ago, and its revenue run rates are now $3 billion annually.He believes Reels is gaining against rival TikTok, he added, with Reels being reshared more than 1 billion times a day.Meta also posted user growth figures roughly in line with expectations, including a year-over-year increase of monthly active users on flagship app Facebook.\"The worry for Meta is that this pain is likely to continue into 2023 as cost headwinds remain a real challenge and the strong dollar impacts on overseas earnings,\" said Ben Barringer, equity research analyst at Quilter Cheviot.\"Given revenues were down at a time when costs have grown significantly, modest user growth and impressions simply isn't going to bail you out.\"Net income in the third quarter fell to $4.40 billion, or $1.64 per share, from $9.19 billion, or $3.22 per share, a year earlier, its worst showing since 2019 and the fourth straight quarter of profit decline.Analysts had expected a profit of $1.86 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":67,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":104534155,"commentId":"104534155","gmtCreate":1666858380570,"gmtModify":1666860320611,"authorId":3562193648411471,"author":{"id":3562193648411471,"idStr":"3562193648411471","authorId":3562193648411471,"name":"Coldastone17","avatar":"https://community-static.tradeup.com/news/4f1bd3166de45ed68ce52aacd1ca37f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986029948,"objectIdStr":"9986029948","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Sorry typo..it will go up cos now its cheap and alot of buyers. GIve it sometime","text":"Sorry typo..it will go up cos now its cheap and alot of buyers. GIve it sometime","html":"Sorry typo..it will go up cos now its cheap and alot of buyers. GIve it sometime","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104534135,"commentId":"104534135","gmtCreate":1666858222760,"gmtModify":1666858226171,"authorId":4107301244908230,"author":{"id":4107301244908230,"idStr":"4107301244908230","authorId":4107301244908230,"name":"ops22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986029948,"objectIdStr":"9986029948","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"OK","text":"OK","html":"OK","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9986029948"}