Meta reports better-than-expected results and issues optimistic guidance for third quarter. The share jumped over 6% after the bell.
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What's your target price for Meta after earnings?
$Meta Platforms, Inc.(META)$ plenty more innovation to come in this tech company. Some wrong turns and innovative ideas wonalways work and that should be expected on a long term journey.
$Meta Platforms, Inc.(META)$ I support Meta as I find the company is already has a very strong customers base and the advertisements is so good earning. The company growth is great.
$Meta Platforms, Inc.(META)$ better-than-market-expectations performance propelled it to new highs and I believe it has more (albeit limited due to the overhanging macro outlook which can certainly dampen it's core advertising revenues) room to go in the short term, probably another 4% to around 329 level?
Big-Tech’s PerformanceBig-techs are releasing their Q2 eearnings this week, beats are the common sense. However, due to differences between investor expectations, individual stocks showed significant disparities, leading a volatility. $DJIA(.DJI)$ halted its 13-day-rising on Thursday. As of the close on July 27th, the strongest performers of the week were $Alphabet(GOOGL)$ with a +8.65% gain, reaching a new high for the year, followed by $Meta Platforms, Inc.(META)$ with +3.04%, and $NVIDIA Corp(NVDA)$ with 0.83%. $Apple(AAPL)$ stands flat, while
Big-Tech’s PerformanceBig-techs are releasing their Q2 eearnings this week, beats are the common sense. However, due to differences between investor expectations, individual stocks showed significant disparities, leading a volatility. $DJIA(.DJI)$ halted its 13-day-rising on Thursday. As of the close on July 27th, the strongest performers of the week were $Alphabet(GOOGL)$ with a +8.65% gain, reaching a new high for the year, followed by $Meta Platforms, Inc.(META)$ with +3.04%, and $NVIDIA Corp(NVDA)$ with 0.83%. $Apple(AAPL)$ stands flat, while
$Meta Platforms, Inc.(META)$ I was thrilled to learn that Meta, the parent company of popular social media platforms like Facebook, Instagram, and WhatsApp, reported better-than-expected results for the latest quarter. The news sent ripples of excitement through the market, and my attention immediately turned to analyzing the potential impact on my investment strategy. The announcement of Meta's outstanding financial performance came as a pleasant surprise. The company not only surpassed market expectations but also issued an optimistic guidance for the upcoming third quarter. This positive outlook demonstrates the strength of Meta's business and its ability to adapt to the evolving digital landscape. The market's response was equally
Since its a lazy Sunday, I decided not to dwell too much on technical analysis (TA) or official data, charts etc… Instead let’s take a look at the latest happenings to one of the biggest social media conglomerates - $Meta Platforms, Inc.(META)$. When Mark Zuckerberg decided to launch its new product “Threads", he has “inevitably” signal, time to decide who will be crowned the king of “social media”. Personal view In my Thursday post, Buy $Meta Now Becos Of Threads - Twitter Killer. I have shared in detail, why I think Meta Platform will be the eventual winner (not now). Click to read, show some love, give a “Like”, “Share” & “Re-post”&nb
Big-Tech’s PerformanceBig-techs are releasing their Q2 eearnings this week, beats are the common sense. However, due to differences between investor expectations, individual stocks showed significant disparities, leading a volatility. $DJIA(.DJI)$ halted its 13-day-rising on Thursday. As of the close on July 27th, the strongest performers of the week were $Alphabet(GOOGL)$ with a +8.65% gain, reaching a new high for the year, followed by $Meta Platforms, Inc.(META)$ with +3.04%, and $NVIDIA Corp(NVDA)$ with 0.83%. $Apple(AAPL)$ stands flat, while
Big-Tech’s PerformanceBig-techs are releasing their Q2 eearnings this week, beats are the common sense. However, due to differences between investor expectations, individual stocks showed significant disparities, leading a volatility. $DJIA(.DJI)$ halted its 13-day-rising on Thursday. As of the close on July 27th, the strongest performers of the week were $Alphabet(GOOGL)$ with a +8.65% gain, reaching a new high for the year, followed by $Meta Platforms, Inc.(META)$ with +3.04%, and $NVIDIA Corp(NVDA)$ with 0.83%. $Apple(AAPL)$ stands flat, while
Meta Platform (META) Earnings Release Analysis 26 Jul 2023 Post Market
$Meta Platforms, Inc.(META)$ will be releasing their earnings report on 07/26/2023 after market close. This week, investors will focus on the Federal Reserve meeting and earnings from tech giants -- Microsoft, Meta Platforms and Alphabet. I would be looking at how Meta has spend the money on Threads app. There were a very good sign up during the initial phase, but have this trend continue? I think we need to draw from Meta past project and implementation, they have spend significant amount of money on Metaverse. Same thing was very promising during the initial phase, but what happen at the end, the project was either closed down or shelved aside. Thread app when done properly could boost Meta ads revenue so initial capital expenditure could be see
SummaryAdvertising performance exceeded expectations, creating a strong headwind effect for smaller platforms.TikTok's competition has slowed down, while Reels' commercialization has progressed smoothly, leading to improved revenue expectations.The comprehensive and vast social media ecosystem has the potential to replicate success in Threads.Following in the footsteps of $Microsoft(MSFT)$ and $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$ announced its Q2 earnings report after-hours on July 26, surpassing market expectations significantly and raising Q3 guidance, resulting in over 8% post-market trading returns.Initially rebranding from Facebook to Meta Platfor
It is a combination of 2 options trading strategies, namely selling covered calls (sell calls) and selling cash secured puts (sell puts). When appropriately used, the wheel is an excellent alternative to a buy-and-hold strategy that will produce higher returns with lower volatility. It provides a consistent investment-like options strategy. Most risk averse traders who are new to options trading can consider using this method to generate a passive income with close to 2-3% returns per month. When the numbers adds up, we’re looking between 24-36% gain per year! 1. Cash Secured Puts A cash secured put is when you write a put and get paid to promise to buy 100 shares of a stock at a specific strike price. 2. Covered Calls The covered call strategy is when you own 100 sh
$Tesla Motors(TSLA)$ BearishShares of Tesla Inc. fell into correction territory last Friday, and their chart suggests the selloffs are likely to continue for awhile longer. ⚠️ Trading tips: Looking at puts below 254 towards 251.5, 250, 247 and calls above 257.5 on Monday. Flat price action leading to FOMC on Wednesday expected. Not pretty for TSLA bulls Tesla’s stock has been on a downward trend since last Wednesday, even after the company reported better-than-expected earnings and revenue for the second quarter and maintained its delivery guidance. Analysts highlighted the role of “other income” in boosting the results, while some expressed unease over the lack of clarity on the company’s margin trajectory. CEO Elon Musk‘s remarks hint
On July 5th, the first trading day after the US Independence Day holiday, the release of the important US Federal Reserve Minutes dominated the market. The overall hawkish sentiment had already been demonstrated by Chairman Powell during the post-meeting press conference, so the market wasn't too surprised. Some committee members supported a 25 basis point rate hike, and the dot plot indicated two more rate hikes before the end of the year. Fed officials raised the median expectation for the peak interest rate by 50 basis points to 5.6% in their economic outlook, which is slightly higher than the current market pricing.The market's reaction to these minutes was not particularly intense, but it implied that the market has been "overbought" and there is some pressure for a pullback. With maj
"Threads" = Meta-Booster! "Twitter-Killer" Remains to be Verified
From charging USD 8 from users for the blue to limiting the posts the users read every day, people and advertisers are getting away from Twitter. $Tesla Motors(TSLA)$Meta sees Threads as an alternative to Twitter and believes the recent chaos at Twitter has created an opportunity for a new platform.10 mln+ people signed up for Threads: things you need to knowProsUsers can log in to Threads using their Instagram account, and their username and verification will carry over. The app allows users to follow and connect with friends and creators who share their interests, including people they follow on Instagram.The app offers a microblogging experience similar to Twitter, with options to like, repost, reply to, or quote a "thread."The app provide
$Meta Platforms, Inc.(META)$ Took several call contracts at the dip to bet on META’s positive earnings as anticipated to breach 310as posted yesterday. ⚠️ Trading tips: Now waiting for the market to open to scale out partially and holding on to the rest for more upside potential. Looking to take on calls from profit taking on Thursday. Ready to join me for the next tech earnings? 🥳 Meta's shares surged by more than 7% in after-hours trading, a sign that investors are encouraged by improvements in digital advertising even as concerns about the metaverse remain. The company reported second-quarter revenue of $32 billion, up 11% compared with a year ago, and the largest quarterly growth since the f
Threads I always ❤️🍎📈💵🏦💦👩🏫love my threads and robot man mark Zac $Meta Platforms, Inc.(META)$ Hey there, cutie! Guess what? Meta just launched the most adorable app called Threads, and it's like, totally gonna give Twitter a run for its money. I mean, can you believe it? They've basically created a little twin of the platform, hoping to steal all the attention away from their struggling rival. So, being the curious gal that I am, I decided to give this new social network a whirl. And let me tell you, it was a whole lot of fun! Now, let's see if it gets the heart racing or if it's gonna make Elon Musk break a sweat! Okay, so getting started with Threads was as easy as a summer breeze. I went on a little advent
As the financial world awaits Meta's (formerly Facebook) earnings report, investors are keen to analyze the company's performance and potential impact on its stock price. $Meta Platforms, Inc.(META)$ , being a prominent player in the technology sector, is known for its robust advertising and social media platforms. In this post, we will explore the factors that could influence Meta's stock performance after earnings and discuss potential scenarios. Earnings Expectations: Market analysts and investors have high expectations for Meta's earnings report, given its strong presence in the digital advertising and social media landscape. The company's ability to generate revenue from its diverse range of services and its co
Introduction: Social media platforms have become an integral part of our lives, providing us with avenues for communication, expression, and information sharing. Threads and Twitter are two popular platforms that have gained substantial traction in recent years. While both platforms serve as microblogging platforms, they possess unique features and cater to different user needs. In this article, we will delve into a detailed comparison between Threads and Twitter, aiming to identify their strengths and weaknesses to determine which platform may be better suited for your requirements. 1. Purpose and Functionality: Twitter is a versatile platform that allows users to share thoughts, opinions, news, and engage in discussions through short text-based posts called tweets. It offers a vast array
Early Success of Meta's Threads Is Already Drawing Interest From Advertisers In less than 24 hours, the microblogging app Threads, launched Wednesday by $Meta Platforms, Inc.(META)$ , has signed up more than 30 million users, surged to the top of app store download charts and become a trending topic on Twitter, the social network it is hoping to upend. The launch also drew a sharply-worded letter from a Twitter lawyer, which alleged that Meta hired Twitter employees and assigned them to help build Threads. A Meta executive denied the charge. It isn't clear whether Threads can sustain its early momentum, but with so many sign-ups, analysts and investors said the launch appeared to be an early success and that it could
$Snap Inc(SNAP)$ released its 2023 Q2 earning on July 25th, and once again, it tumbled 19%+, with most of the earnings. Investors remain concerned about its challenging commercialization capabilities, unlike $Meta Platforms, Inc.(META)$ , as Snap seems to have fallen into a monetization trap after the iOS privacy policy updates.Q2 Earnings ReviewsDaily Active Users (DAU) experienced a year-on-year growth of 14.4%, reaching 397 million, surpassing the expected 395 million. However, the revenue continues to stagnate, with a nearly 4% year-on-year decline, roughly in line with market expectations at $1.07 billion for the quarter. Consequently, despite continuous user growth, the declining revenue has led to
Meta share price has booked a 139% gain since the beginning of the year, making it the second top performer in the S&P 500, right after Nvidia. Following the release of yesterday's results, the stock continued its upward trajectory, surging by an additional 7% during after-market hours. Here's why... The Good: 1) Revenue growth was 11% and that's a rather strong growth on the backdrop of a slowing economy and ad spend. The last time Meta had a double digit percentage revenue growth was in 4Q2021. In contrast, Google ad revenue grew just 3% while Snap saw a 5% decline. Thus, Meta's ad revenue growth was impressive, alleviating concerns that advertisers are leaving the platform due to Apple's privacy restrictions affecting ad targeting. 2) Despite the ongoing investments in metaverse an
9% gain from taking calls and 53% profit from selling covered calls on Meta. The bullish news from Threads and a cooler CPI will propel Meta to breach 300 this week. ⚠️ Trading tips: Looking at calls above 300 mark as long the price can hold above it, puts below 295.28 on Wednesday. Upward momentum detected 🥳 Meta's (META) Threads is off to a fast start, crossing 100M users less than a week after its launch as it quickly catches up to Twitter's roughly 240M daily active users. The figure excludes Europe, where Threads has not yet launched due to data regulation concerns. "That's mostly organic demand and we haven't even turned on many promotions yet," said Meta CEO Mark Zuckerberg in a post. Evercore ISI also believes Threads presents a significant revenue opportunity over the n
🐦 How Will Twitter's Rebrand Affect Its Value? 🐦 Twitter, one of the most iconic social media platforms, has recently made a bold move by rebranding its logo from the familiar bird symbol to a simple and intriguing "X." This significant change has sparked curiosity and debate among users and investors alike, raising questions about how it will impact the platform's overall value. Let's delve into some potential implications of this rebrand and its effect on Twitter's worth. 1. Rebrand Perception: The rebranding represents a departure from the traditional bird icon, which has long been synonymous with Twitter. This shift may signify a strategic effort to redefine the platform's identity and adapt to a rapidly evolving digital landscape. The success of this rebrand will depend on how us
Meta Platforms Inc., previously known as Facebook Inc., recently released their Q2 2023 results. The report revealed intriguing insights into the company's operations and fiscal performance. Even as a beginner, there are a few key elements you can look at to understand the health and trajectory of the company. Let's break down the numbers. User Activity and Revenue Growth In June 2023, the number of daily active users on Meta's family of apps was 3.07 billion, a year-over-year (YoY) growth of 7%, while monthly active users saw a YoY increase of 6%, reaching 3.88 billion. This indicates Meta's successful user retention and attraction strategies despite rising competition in the social media space. Revenue growth is a crucial aspect of a company's financial performance. Meta's Q2 revenue was