Get started

Facebook

Meta Shares Surges on Impressive Q2 Earnings & AI-Driven FutureMeta Platforms ( NASDAQ:META ) experienced a notable 6% increase in its stock price following the release of its second-quarter earnings, which exceeded Wall Street expectations and presented an optimistic revenue forecast. The company's strategic investments in artificial intelligence (AI) are starting to deliver substantial returns, boosting confidence among investors.** Strong Financial Performance Meta reported a 22% increase in revenue for the second quarter, reaching $39.07 billion, up from $32 billion the previous year. This figure surpassed analysts' expectations of $38.31 billion. Additionally, the company's net income soared by 73%, rising to $13.47 billion, or $5.16 per share, compared to $7.79 billion, or $2.98 per share, in the same period last year. Analysts had predicted earnings per share of $4.73. For the upcoming third quarter, Meta anticipates revenue to range between $38.5 billion and $41 billion, with a midpoint of $39.75 billion, again topping the average analyst estimate of $39.1 billion. AI Investments Paying Off Meta's leadership, including CEO Mark Zuckerberg and CFO Susan Li, highlighted that the company's substantial investments in AI are already yielding positive results. Zuckerberg noted that AI is enhancing content recommendations and improving advertising effectiveness, which he believes holds significant future potential. The company's advancements in AI are expected to unlock new revenue opportunities, including higher ad conversion rates, new digital assistants, and multimodal content creation. Analysts at Baird emphasized that Meta's business remains robust, benefiting from years of AI-related investments. Similarly, Bank of America analysts view Meta as the leading AI player in the consumer internet space, citing evidence of strong ad growth and increased user engagement, particularly among younger demographics. Capital Expenditures and Future Prospects Meta has increased its capital expenditure forecast for the year to between $37 billion and $40 billion, up from the previous low-end estimate of $35 billion. This increase is primarily driven by spending on AI infrastructure, which is producing tangible business results. Barclays analysts noted that while the investment community is currently accepting the high AI capital expenditures, these investments are expected to bring new and exciting products that are not yet reflected in revenue forecasts. Market Reaction Meta's stock saw a premarket surge of over 7.5% following the earnings announcement. This rally marks a significant turnaround from the reaction to the previous earnings report in April when concerns over slower growth and high AI spending led to a sharp decline in stock price. The positive sentiment around Meta's recent performance and future prospects has reversed this trend. Meta's Frankfurt-listed shares also experienced a rise of more than 7%, indicating strong international investor confidence. Zuckerberg’s Wealth and Market Context Meta's strong performance has also positively impacted CEO Mark Zuckerberg's net worth, which increased by $4 billion to an estimated $166.6 billion. Zuckerberg is currently the fifth richest person globally, behind Larry Ellison, Bernard Arnault, Jeff Bezos, and Elon Musk. Broader Market Trends Meta's success stands out against a backdrop of mixed results from other tech giants. Microsoft, Tesla, and Alphabet (Google's parent company) all saw declines in their share prices following their recent earnings reports, reflecting investor skepticism about the immediate payoffs from their AI investments. However, Meta's results suggest that strategic and well-executed AI investments can indeed deliver substantial short-term benefits. Looking Ahead As Meta continues to leverage its AI capabilities to drive growth and innovation, the company's future looks promising. Investors will be keenly watching the upcoming earnings report from Amazon, another major player expected to reveal significant AI-related capital expenditures. The broader tech industry's focus on AI underscores the transformative potential of this technology, with Meta currently leading the charge in demonstrating its value. Conclusion Meta's impressive second-quarter performance and optimistic outlook highlight the company's successful navigation of the evolving digital landscape through strategic AI investments. As Meta continues to innovate and expand its AI capabilities, it stands poised to capitalize on new revenue opportunities and maintain its position as a leader in the tech industry.
NASDAQ:METALong
by DEXWireNews
META History repeating Double Bottom leading to $800.Meta Platforms (META) almost hit its 1D MA200 (orange trend-line) yesterday, a Support level that has been holding since February 01 2023. With the long-term pattern being a Channel Up since the November 04 2022 market bottom, yesterday's Low is similar to the Double Bottom on Meta's previous Accumulation phase on October 26 2023. That day's Low started the 2nd Bullish Leg of the Channel Up that peaked on April 08 2024 after a +95.14% rise. This is the exact same % rise as the Feb 24 2023 - July 28 2023 Bullish Leg, which was the 1st of the Channel Up. As a result, this is technically the most optimal buy opportunity on a long-term basis for META, with a technical Target at $800.00 (+95.14% as the previous 2 Bullish Legs). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
10
$META it was fun while it lasted. Sub $300 coming soon.NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that price goes down below where it was in 2022 at the $78 level for a final bottom. I think it's also possible that it could play out this year. All that said, let's take things week by week from here. I'll probably buy some lottery tickets that expire end of year just incase the most bearish scenario plays out. Good luck to bulls from here on out. It's not going to be pretty.
NASDAQ:METAShort
by benjihyam
48
Meta Platforms Unpacking Growth Potential Amidst Market HeadwindMeta Platforms presents a compelling case study for investors navigating a dynamic market environment. While robust analyst expectations for earnings growth paint a promising picture, recent stock price performance has lagged behind broader market trends. The key factors influencing Meta's trajectory, include: Market Underperformance: Meta's stock has exhibited relative weakness compared to the S&P 500 and the technology sector. Encouraging Earnings Forecasts: Analysts anticipate significant year-over-year growth in both EPS and revenue. Strategic Growth Initiatives: Meta's substantial investments in artificial intelligence (AI) and virtual reality (VR) technologies position the company for future expansion. Regulatory Landscape: The company faces potential headwinds from regulatory hurdles in Brazil and the possibility of stricter antitrust enforcement. Politically Charged Environment: The reinstatement of former President Trump's social media accounts adds a layer of complexity to Meta's public relations strategy. Financial Strength: Meta boasts a robust balance sheet with a high gross profit margin, demonstrating a strong financial foundation. Undervaluation Potential: Meta's current P/E and PEG ratios suggest potential undervaluation relative to its projected earnings growth. Key Discussion Points Will Meta's upcoming earnings report on July 31st meet or exceed analyst expectations? How will regulatory developments in Brazil and potential antitrust actions affect Meta's operations? Can Meta successfully translate its AI and VR investments into tangible revenue streams? To what extent will the evolving political climate impact Meta's user base and advertising revenue? Based on Meta's financial health and growth prospects, does the current stock price represent an attractive entry point?
NASDAQ:METAShort
by signalmastermind
🐲 The Roaring FAANG. Five Big Tech Stocks That Move The MarketFAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google. FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX . If you follow the financial or business news, you may have seen or heard the term FAANG thrown around. No, it's not a misspelling or an animal's roar. It's an acronym that stands for five big companies — some might say the big companies — in the high-tech industry. The FAANG quintet consists of Meta (formerly Facebook), Amazon , Apple, Netflix and Google (Alphabet as an official corporate name). These corporations — all American, but with a global presence — are not only household names, they're financial behemoths. Their combined market capitalization is over $4 trillion. The blue-chip stocks of the tech sector, they collectively make up 15% of the Standard & Poor's 500 SP:SPX (an index of the largest public companies in the US). So they represent not only one of the US' most significant industries, but a sizable chunk of the US stock market itself. The origins of FAANG FAANG actually began as FANG. The origin of the acronym has been attributed to Jim Cramer, the financial TV host and co-founder of TheStreet.com. Known for his slangy abbreviations and catchy phrases, Cramer coined the term in 2013 to represent four tech stocks with outsized market appreciation. Cramer believed that these companies belonged together because they are all high-growth stocks that share the common threads of digitization and the web. Cramer's original term was just FANG — it didn't initially include Apple. The company joined the ranks in 2017, reflecting the growth of internet services (iCloud, Apple Music, Apple Pay) to its revenues. So the acronym became FAANG, and it's remained so. The five stocks of FAANG They need no introduction: The five stocks of FAANG are all familiar brands, whose products and services permeate our lives daily. They are also American corporate success stories — each has seen its stock shares experience triple-digit growth since 2015, and year-to-year as well. 👉 Meta ( NASDAQ:META ) is the social media maestro, owner of Instagram, WhatsApp, and its Facebook website. It has returned more than 190% over the past 12 months, and it is a # 1 over all S&P500 Index components with that amazing result. 👉 Apple ( NASDAQ:AAPL ), the sole product manufacturer of the group, with more than 36% yearly performance. 👉 Amazon ( NASDAQ:AMZN ), the world's largest e-store, has returned more than 65% over the past 12 months. 👉 Netflix ( NASDAQ:NFLX ), the superpower of streaming, has returned 44% TTM. 👉 Google — parent company Alphabet ( NASDAQ:GOOG , NASDAQ:GOOGL ) — has a name synonymous with internet searches and services. Its GOOG shares have increased by more than 43% in 12 months. Just to put these numbers in context: the S&P 500 has grown 17% over the past 12 months. So FAANG stocks have been at the forefront , significantly outperforming the broad market. Twelve months performance of FX:FAANG components vs S&P500 Index The bottom line The main technical graph (3-day chart for FX:FAANG stock basket, introduced by @FXCM provider, with 20% inception weight for every single component) illustrates perhaps right there happens the major breakout of 52-week highs, with further projected/ targeted upside price action.
FX:FAANG
by PandorraResearch
Can Meta's Threads Challenge the Social Media Giants?Meta's Threads, the text-based social media app launched with much fanfare a year ago, has reached 175 million monthly active users (MAUs). This milestone signifies a strong first year, but questions remain about whether Threads can truly challenge the social media titan, X. There's no denying Threads' impressive growth. Reaching 175 million MAUs within a year is a commendable feat. Mark Zuckerberg celebrated the achievement, highlighting India's role as a key driver of user engagement. The initial surge was phenomenal, with Threads reaching 100 million users just five days after launch. Growth has since stabilized, but the upward trend continues. However, comparing Threads to X is a different story. X boasts billions of users globally, dwarfing Threads' current reach. While 175 million is a respectable number, it's a fraction of X's user base. Furthermore, X has a well-established ecosystem of features, influencers, and deeply ingrained user habits. Despite its initial success, Threads needs to carve out its own niche and establish itself as more than just a "Twitter-like" offering from Meta. Several factors could influence Threads' future trajectory. • Feature Development: One crucial aspect is continuous development of compelling features. Threads' current offerings include text posts (up to 500 characters), photo and video sharing, and close friend groups. Adding features that cater to specific user needs and foster deeper engagement will be vital. • Monetization Strategy: Monetization is another key consideration. While Meta hasn't revealed concrete plans yet, a well-crafted strategy that doesn't intrude on user experience is essential. Subscription models or targeted advertising with clear user opt-in options could be potential avenues. • Competition: The social media landscape is fiercely competitive. Threads faces competition not only from X but also from established players like Snapchat and emerging platforms. Differentiation and a clear value proposition will be crucial for attracting and retaining users. • Integration with Existing Platforms: Leveraging the vast user base of Instagram, which is owned by Meta, could be beneficial. Cross-promotion and strategic integration, without forced migration, could introduce Threads to a wider audience. The current neutral outlook on META stock reflects the wait-and-see approach from investors. While Threads' initial growth is promising, it hasn't yet translated into significant revenue streams or user base expansion that would dramatically impact Meta's overall performance. In conclusion, Threads has had a promising first year. Its ability to challenge X, however, remains to be seen. Continuous innovation, a well-defined monetization strategy, and strategic differentiation will be key factors in determining its long-term success. Whether Threads becomes a true competitor or remains a niche offering within the Meta ecosystem will depend on its ability to navigate the competitive landscape and carve out its own space in the ever-evolving social media world.
NASDAQ:META
by bryandowningqln
facebook - META Idea I 12M: Bullish Engulfing → Grey zone 453 – 509 → 537, 553, 465 above , 390 below 3M: Could not break above high of prev. candle. But closes bullish → range of last quarter becomes important → grey area provides a possible reversal/ continuation zone. → Stochastic is turning down Monthly: closing in bearish territory → bullish → could not close above highs → stochastic turning up = bullish setup above 509, bearish below 3D: Possible Double Top forming → could be an early sign of bears once validated. Bulls should show up soon → likelyhood of bullish progression is higher because of stochastic turning up
NASDAQ:META
by MeruEU
6
Meta Platforms - Watch the earnings!Hello Traders and Investors, today I will take a look at Meta Platforms. -------- Explanation of my video analysis: For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta Platforms is retesting the upper resistance of the triangle formation so it is quite likely that we will see at least a short term rejection towards the downside. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:METAShort
by basictradingtv
8
Meta Platforms (META): Ready for a Correction?We initially set our maximum target at $510, and the price climbed to $531—a difference of only about 4%, which is quite close given the magnitude. We're satisfied with our analysis so far and want to stay within this timeframe. While it's possible that Waves 3 and 4 haven't fully played out yet, we need to consider that Wave 5 in Meta often tends to be longer. This historical pattern suggests that the current Wave 5 might have extended similarly. If Waves 5 and (1) are not yet complete, we would need to see the price rise significantly, surpassing $575. Such a move would indicate that the bullish cycle isn't finished, and we might see a further upward spike before a deeper correction. However, the RSI shows a bearish divergence: lower lows on the RSI while the price chart shows higher lows. This divergence is typically a bearish signal and shouldn't be ignored, as it often leads to price corrections. Even though we have closed the gap, we believe that a further decline is possible, potentially down to around $384 to complete Wave A. An ideal entry zone for us would be around $306, with a worst-case scenario down to $181. This analysis takes into account both historical price patterns and current indicators to inform our strategy moving forward. Keep in mind even though META seems to be a huge organisation we have seen some bigger pullbacks in the past.
NASDAQ:METALong
by freeguy_by_wmc
META GAP AREAOn a 1-hour time frame, observing Meta's price action gap involves noting sudden shifts in opening and closing prices between consecutive candlesticks. This discontinuity signals significant changes in market sentiment and supply-demand dynamics. Traders interpret bullish gaps as positive sentiment and increased buying pressure, while bearish gaps signify negativity and heightened selling pressure. Volume confirmation strengthens the analysis, guiding traders in potential entry or exit points. Effective risk management, including stop-loss orders and proper position sizing, is crucial for mitigating losses.
NASDAQ:META
by MindOverMarket
META Platforms Options Ahead of EarningsIf you haven`t sold META when ARK did that: nor bought the META before the previous earnings: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 480usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $24.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NASDAQ:METALong
by TopgOptions
META: Is it the top or one more high leftTechnically META top could be in. Like NVDA, it can keep sliding until a critical support level breaks and waterfall ensues. However, the last wave 5 of 5 did not quite end in a blow off top type fashion; something you would expect from a major primary degree top. There was however, significant RSI bearish divergence on the daily timeframe, that tells us it was some kind of a top. I am not sure if it was a wave 5 of 5 top or a wave B or 4 type of top on the minor degree. One way to tell would be for $460 - $450 support to hold. If that does not hold and stock slides to fill the large gap, then that weakness would be very difficult to overcome and one thing would lead to another thing and next thing we know, price will be in the 200s. So, that is my line/zone on the sand. This is however, a bit scary to stay long and potential upside is limited at the moment. It is better to see how things play out and eventually not in a distant future, there will be a great opportunity like late 2022 to get in this stock for a really life changing growth.
NASDAQ:META
by mukit1
Meta Surged to New Heights is there Room for Continued Growth Meta and Amazon stocks have risen following an increase in their price targets by a Wall Street analyst team. Jefferies, the analysts, reiterated a buy rating for Meta ( NASDAQ:META ) and raised their price target for the Facebook parent company to $585 from $550. Additionally, they raised their price target for Amazon stock to $225 from $190. Meta's stock has risen more than 3.5% to $525.62, and Amazon's stock is up more than 1% at $184.88, approaching an all-time high above $188 reached in July 2021. Jefferies' report stated that Meta ( NASDAQ:META ) has too many advantages to count compared to competitors in the digital advertising market. Meta's revenue is mostly driven by ads, and the company has been investing in artificial intelligence tools to help drive more engagement and ad sales on its applications. They include Facebook, Instagram, Reels, WhatsApp, and Threads. As a result of these investments, Meta ( NASDAQ:META ) has developed several strategic advantages over peers, such as a strong artificial intelligence-based recommendation engine for its Reels short-video product that is driving more time spent on Facebook and Instagram. Meta ( NASDAQ:META ) is set to report its first-quarter earnings on April 24 and has seen a 47% increase in its stock price this year. In addition, Meta Platforms Inc. ( NASDAQ:META ) is reintroducing cash bonuses for content creators on its social media apps. The company is testing the "Spring Bonus" initiative in the United States, South Korea, and Japan, rewarding creators on Instagram for engagement not just on videos and reels, but pictures as well. The maximum creators can earn in thirty days is $30,000. The company will also similarly reward select creators for engagement on Threads, its Twitter-like social app, and content labeled as "collaboration" or "branded" will not be eligible for monetization. Technical Outlook Meta ( NASDAQ:META ) for 20 weeks now has been trading above the 200, 100 and 50-day Moving Averages respectively with a Relative Strength Index (RSI) of 63 indicating strong bullish sentiment.
NASDAQ:META
by DEXWireNews
META to $455Overview META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction. Fundamentals Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that indicate insider liquidation. As of late, insider liquidation has been heavily present amongst most of the Magnificent Seven companies (GOOGL, AMZN, NVDA, and TSLA) Technicals A bear flag is forming after the rally momentum rounded out and is now beginning to develop a descending triangle. The oscillators don't support a breakdown at the current time so a possible bounce back to the triangle's resistance line around $505-510 is possible as the pattern continues to develop.
NASDAQ:METAShort
by Shepherd_Investor
EU Launches Probe Into Meta, Apple and GoogleIn a landmark move under the newly enacted Digital Markets Act (DMA), the European Union has initiated a comprehensive investigation into tech behemoths Apple, Alphabet (Google's parent company), and Meta (formerly Facebook). The probe, which marks the EU's first under the DMA, aims to scrutinize potential anti-competitive practices and ensure fair competition within the digital ecosystem. The investigation, announced on Monday, encompasses a range of issues spanning from Apple's App Store policies to Google's search engine practices and Meta's advertising model. At the core of the probe are concerns regarding anti-steering rules, self-preferencing, and the implications of Meta's "pay or consent" model on user privacy and choice. Apple and Alphabet, in particular, face scrutiny over their implementation of anti-steering rules, which prevent businesses from informing users about cheaper alternatives outside of their app stores. This investigation underscores the EU's commitment to fostering a level playing field for businesses and consumers alike, amidst growing concerns about the dominance of tech giants in shaping digital markets. Notably, Apple's recent run-ins with the EU, including a hefty 1.8 billion euro fine for anti-competitive practices related to music subscription services, underscore the regulatory pressure facing tech giants operating within the European market. The probe into Apple's App Store policies and Safari browser further highlights the EU's focus on ensuring user choice and fair competition within the iOS ecosystem. Meanwhile, Alphabet faces scrutiny over potential self-preferencing in Google search results, raising questions about the company's adherence to fair competition principles. With the EU probing whether Google's display of search results favors its own services over rivals', the investigation sheds light on the complex dynamics of digital markets and the challenges of regulating tech giants with vast influence over online ecosystems. In the case of Meta, the investigation centers on the company's ad-free subscription model and its impact on user consent and data privacy. The EU's scrutiny of Meta's "pay or consent" model reflects broader concerns about the accumulation of personal data by tech gatekeepers and the need to provide users with meaningful alternatives. As the EU's investigations unfold, tech giants are bracing for potential fines of up to 10% of their total worldwide turnover, highlighting the significant financial implications of regulatory non-compliance. Moreover, the probes underscore the evolving regulatory landscape facing tech companies, as policymakers seek to address concerns about market concentration, data privacy, and consumer welfare in the digital age.
NASDAQ:META
by DEXWireNews