It just keeps going up when everything is down ? What is it that zuck is doing so well? TC 330k
It's not Zuck..but Hedge funds I guess ..they want to eat up Retail Investors money..
Meta P/E is still low, meaning it's still undervalued even if you assume VR stuff never becomes anything more than a rounding error.
He roasted Apple Vision Pro from his couch. Top G.
Meta has historically been undervalued relative to the other FANGS. People have always considered it the most fragile fang. I think whatās happened is that META has shown its strength and that it too is an unshakable monopoly. It copied the hell out of TikTok and beat it back. Apple screwed it wjth ATT and it countered that within a year and ad instrumentation is back to where it was pre iOS14. The narrative of Facebook dying has dispelled too. The main Facebook app is still growing. WhatsApp revenue (business messaging revenue in general) has started booming. Itās just catching up to other FANGS.
Very true, when I was there I saw how itās not just a social media company but actually more than that with great Tech but some lack of direction and distraction. But I still used to preach to friends that the company/share prices were undervalued and within 3 years it will touch 500. This was during the time when it was low 100ās but I never realized it would do it within 1 -2 years. I hope now Google recovers in 2-3 years lol. They have great tech n people but poor direction and leadership.
By AI to counter apple and fb app is still growing because of community based usage. Mainly Groups and market place.
Austerity and excellent work in AI. Definitely leading the actually open AI side of things.
This is the answer. Ignore every other comment
True
Strong AI research. LeCunn appearing on Dubai Tower giving investors hope worldwide.
All the AI power just to show you a few good posts and ads on your timeline for an ever retreating US audience, dont you think it is a bit too much???
No they are doing a lot of open source research which is where the hope is
"What is it that zuck is doing so well?" In a nutshell, just not being Elon
He is The Zuck. Thatās all you need to know
Wall st has short term memory. Just because meta is touting Lama as open source (when itās not) and they are buying thousands of GPUs while losing tens of billions on the metaverse, they think Zuck is going to win hence the stock goes up.
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