Come AMZN, APPL, SMCI, NVDA earnings report, META and other tech heavyweights may see some declines once more.
Modify on 2024-08-01 12:41
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Betting the ranch on metaverse and ai. Metaverse has pretty much failed and ai is years off by Zuckerberg own words. Why this stock is valued as it is is a miracle.
With way above ER expectations, Meta will raise its stock to $600+ in post Earning.
Just guess but I think its above $500 after today for a long long time.
Meta is the winner of AI race. Meta made its AI available as Open-source thus no further expenses in future.
There isn’t any sell-off here. You’re played by market manipulation.