Jiro90
08-01

Great article, would you like to share it?
@SPACE ROCKET：
As much as I want to be optimistic and supportive of a stock whose services I frequently use, I'd like to remind yall about how $Meta Platforms, Inc.(META)$ plunged from above $520 to as low as $410 post market after previous quarter's earnings release. Quite a number of companies report lacklustre earnings / poorer guidance/ more expenditure during the summer season, and META happens to be one of them. Even if META were to do borderline well, market madness can drive unnecessary sell-offs and I'm not sure if I want to load up on META prior to its earnings. Heck, these days, sell-offs happen even if you're not the one reporting bad results but your industrial peers! Come AMZN, APPL, SMCI, NVDA earnings report, META and other tech heavyweights may see some declines once more.
As much as I want to be optimistic and supportive of a stock whose services I frequently use, I'd like to remind yall about how $Meta Platforms, Inc.(META)$ plunged from above $520 to as low as $410 post market after previous quarter's earnings release. Quite a number of companies report lacklustre earnings / poorer guidance/ more expenditure during the summer season, and META happens to be one of them. Even if META were to do borderline well, market madness can drive unnecessary sell-offs and I'm not sure if I want to load up on META prior to its earnings. Heck, these days, sell-offs happen even if you're not the one reporting bad results but your industrial peers! Come AMZN, APPL, SMCI, NVDA earnings report, META and other tech heavyweights may see some declines once more.

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