Can someone explain why meta stock is going up, it just does not make sense, the Instagram and Facebook are not popular anymore. I understand they have invested so much on GenAI. But is this the reason? Why market is reacting so much to that? TC: 300k
“Net income more than tripled to $14 billion, or $5.33 per share, from $4.65 billion, or $1.76 per share, a year earlier.”
How did they do that ?
They cut employees and R&D
Because of Supernova and soon Hypernova
read their earnings and the markets expectation of the last quarter. About the popularity of their offerings, I think a > 2B consumer base is more than enough to make those sweet ad $$$.
Good earnings and they announced a dividend.
Learn how to read an earnings report
Well, because I was planning to buy shares and forgot. You’re all welcome!
50b buyback plus dividend
Crying much ?
One reason is Amazon spent 3-4B on Meta platforms on ads last quarter. Thanks dude!
Haha it's like round tripping arbitrage. Pay lower CPMs on Instagram and get higher CPMs on Amazon
Amazon pays for ads on Meta, Meta pays for AWS infrastructure.
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Closed now - thank you all
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What happens when most of your team is Indian?
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Modi is a legend, will be remembered for centuries to come
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High performers, how often do you have slack off days?
Still the premier ads platform