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Meta's Meteoric Rise: Unveiling Record ProfitsMeta (NASDAQ: NASDAQ:META ), the parent company of social media giant Facebook, is making waves in the business world after an impressive fourth-quarter earnings report that surpassed expectations and sent its stock soaring by 14% in after-hours trading. The company's robust performance is underlined by a tripled profit, a landmark first-ever dividend payment, and a $50 billion share buyback, signaling a newfound confidence in its financial position. Financial Highlights The financial highlights include earnings per share of $5.33, beating the expected $4.96, and revenue of $40.1 billion, surpassing the anticipated $39.18 billion. Daily active users (DAUs) and monthly active users (MAUs) also exceeded expectations, demonstrating the sustained growth of Meta's ( NASDAQ:META ) user base. The average revenue per user (ARPU) reached $13.12, outperforming the forecasted $12.81, showcasing the company's ability to monetize its user engagement effectively. The impressive results are attributed to Meta's ( NASDAQ:META ) online advertising business rebounding from challenges faced in 2022. Sales surged by 25% year over year, reaching $32.2 billion, the fastest growth rate since mid-2021. Simultaneously, the company implemented cost-cutting measures, with expenses decreasing by 8% year over year to $23.73 billion. The operating margin more than doubled to 41%, reflecting increased profitability. Net Income Net income skyrocketed to $14 billion, tripling from $4.65 billion a year earlier. Meta's strategic decisions, such as the announcement of its first-ever dividend payment of 50 cents per share on March 26, illustrate its commitment to delivering value to investors. The company's cash and equivalents ballooned to $65.4 billion at the end of 2023, up from $40.7 billion a year earlier, further supporting its shareholder-friendly initiatives. The bullish momentum continues a trend from 2023 when Meta's ( NASDAQ:META ) stock nearly tripled, reaching a record high in January. As of the latest trading data, Meta's( NASDAQ:META ) market capitalization has surged to almost $1.2 trillion, solidifying its position as one of the tech industry's heavyweights. Sales Report Sales in Meta's Reality Labs unit surpassed $1 billion in the quarter, underlining the growing importance of virtual reality. However, the virtual reality unit reported losses of $4.65 billion, emphasizing the challenges and investment required to establish a foothold in this evolving market. Despite Meta's ( NASDAQ:META ) financial success, the company faces scrutiny from lawmakers, as CEO Mark Zuckerberg and other executives recently testified before the Senate Judiciary Committee. The hearing addressed concerns about child exploitation on Meta's family of apps, underscoring the ongoing challenges faced by social media platforms regarding user safety and mental health. Future Outlook Looking ahead, Meta ( NASDAQ:META ) anticipates first-quarter sales in the range of $34.5 billion to $37 billion, surpassing analyst expectations. The company remains committed to advancing artificial intelligence and the metaverse, with Zuckerberg emphasizing continued investments in these areas. Notably, despite growth, Meta's headcount decreased by 22% year over year, reflecting the efficiency achieved through organizational changes and layoffs. Conclusion In conclusion, Meta's ( NASDAQ:META ) stellar financial performance, marked by record profits, a historic dividend, and a thriving stock price, showcases the company's resilience and adaptability in the rapidly evolving tech landscape. As it continues to navigate challenges in user safety and content moderation, Meta's strategic focus on innovation and financial strength positions it for continued success in the ever-expanding digital frontier.
NASDAQ:METALong
by DEXWireNews
3
META EARNINGS - "Cant Cuck the ZUCK"Been advocating for the Zuck since November of last year, at around $100, the entire world was laughing at meta. The laughing has since ceased. Here are some quick targets I expect to hit now that we have broken this double top, Earnings Thursday. 2/1 I am not going to do too much talking as everyone knows what Facebook is about, substantial holdings across the board. Poised for success in a future where everyone is tied to their electronics. Zuck controls the future narrative, Whatsapp, Instagram, Facebook, reality labs, JIO platforms, Portal, CTRL Labs, Mapillary. You might not like the Zuck, but you must admit. "you cant cuck the zuck" Support levels in purple. First Resistance on earnings: $408.49 Target 2: $422.84 Midterm Target 1: $438.78
NASDAQ:METALong
by Helios_Capital_Investment
1
Meta's AI Power Play: Building a Chip Arsenal In a strategic move to bolster its artificial intelligence (AI) capabilities, Meta Platforms ( NASDAQ:META ), formerly known as Facebook, is taking significant steps to integrate AI into its products and consolidate its research teams. CEO Mark Zuckerberg recently announced the company's plans to bring its AI research team closer to a business-focused generative AI team, emphasizing a commitment to infusing technology into its products. This move follows Meta's rapid mobilization around generative AI, a response to the success of OpenAI's ChatGPT chatbot in late 2022. Chip Arsenal Expansion: One of the key elements in NASDAQ:META 's AI strategy involves building an extensive chip arsenal. Zuckerberg revealed that the company is set to acquire approximately 350,000 H100 GPUs from Nvidia by the end of the year, with an additional 250,000 GPUs from other suppliers, making the total GPU count around 600,000. If achieved, this would position NASDAQ:META 's system as one of the largest in the technology industry. The company is not only relying on Nvidia but has also expressed plans to use chips from NASDAQ:AMD and has hinted at an internally designed GPU-like chip. Generative AI Mobilization: NASDAQ:META 's recent efforts signify a shift from years of leading AI research, notably through its FAIR team, to a more focused integration of AI into core social media products and AR/VR hardware devices. The establishment of a dedicated "GenAI" team last year underscores the company's commitment to harnessing generative AI. The commercial release of the Llama large language model, ad tools capable of generating image backgrounds from text prompts, and the introduction of the "Meta AI" chatbot accessible through Ray-Ban smart glasses highlight Meta's progress in this domain. AR/VR-Driven Metaverse Vision: Zuckerberg ties these AI investments to NASDAQ:META 's overarching vision of the metaverse, which prompted the company to rebrand itself in 2021. He emphasizes the need for new devices, such as glasses, to interact with AI within this envisioned metaverse. The ongoing training of a third version of the Llama model suggests Meta's commitment to advancing its AI capabilities in tandem with its metaverse goals. Market Response and Technical Outlook: Meta Platforms ( NASDAQ:META ) has seen strong development within a rising trend channel, indicating positive growth and increasing buy interest among investors. The absence of resistance in the price chart suggests further potential for upward movement. Conclusion: Meta's ambitious push into AI, coupled with the expansion of its chip arsenal and a focused approach to generative AI, underscores the company's commitment to staying at the forefront of technological innovation. As Meta integrates AI into its products and envisions a metaverse-driven future, the industry and investors alike will be closely watching the company's strategic moves and technological advancements.
NASDAQ:METALong
by DEXWireNews
META One more rally before correction.Meta Platforms (META) gave us an excellent bottom buy opportunity last time we looked at it (December 08 2023, see chart below) having hit already Target 1 (350.00) and currently going for Target 2 (384.50) following the Higher Highs break-out: As long the Higher Highs trend-line holds, we expect a technical rejection at or slightly above the 384.50 All Time High (ATH) target and subsequent correction towards at least the 1D MA50 (blue trend-line). The last medium-term correction has been -8.70%, which gives us a minimum target of 351.00 on the downside. If the decline extends, we can see a maximum (from a technical perspective) decline of around -15.75% (similar to October 26 and August 18 2023) that could test the 1D MA200 (orange trend-line) and will be the strongest long-term buy opportunity. ------------------------------------------------------------------------------- ** 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:META
by TradingShot
$META: bull market continues...Nice weekly trend in $META here...As Zuck's leadership continues to impress shareholders finally addressing the excess fat that needed to be shed, the company is well positioned to monetize the growth in Emerging Markets (India, with reshoring, Mexico...) that are heavy users of Whatsapp and would be a boost to revenues from monetization over time, while the Reality Labs call option gives it unknown but potentially huge upside long term. I liked the valuation at the bottom and I like the way things are shaping up on the way up, let's see how it goes. Best of luck! Cheers, Ivan Labrie.
NASDAQ:METALong
by IvanLabrie
Navigating the Surging Tide and Unleashing Growth Potential Industry Meta Platforms, the parent company of Facebook, has been making waves, with its stock surging an impressive 194% last year. I. Unleashing Revenue Potential: Meta's fiscal year 2024 consensus revenue growth of 13% appears conservative. There are several factors that could drive Meta's revenue beyond expectations, including product improvements, increased engagement through AI content distribution, and a rising demand from Chinese advertisers. The firm's optimistic target implies a 31% upside from Meta's recent closing price, making it one of the most bullish estimates on Wall Street. II. Operational Efficiency and Cost-Cutting: Meta's surge in the previous year was not solely fueled by market dynamics but also by strategic decisions to enhance operational efficiency. CEO Mark Zuckerberg dubbed it the "Year of Efficiency," and the results are reflected in the company's estimated operating expenses for 2024, ranging from $94 to $99 billion, compared to the $88 billion estimated for 2023. III. The WhatsApp Advantage: The use of WhatsApp and artificial intelligence as a game-changer for Meta. With more than 2 billion users, WhatsApp represents a significant potential catalyst for the company. Automating customer service through AI on WhatsApp could incrementally increase Meta's revenue base by a third over time. IV. Technical Outlook: From a technical standpoint, Meta Platforms has broken through the ceiling of its rising trend channel, signaling a potentially stronger rising rate. While short-term corrections are possible, Conclusion: In summary, Meta Platforms appears to be on the cusp of a transformative period, with buyers bullish on the stock. The combination of revenue-driving factors, operational efficiency measures, and the untapped potential of WhatsApp positions NASDAQ:META for a compelling future. Investors should keep a close eye on Meta Platforms as it navigates the tech landscape, potentially unlocking value beyond current market expectations.
NASDAQ:METALong
by DEXWireNews
Short $META at $350 down to $81 targetLike many of the other tech stocks META looks extended here. I could see one more move up into the $350 region, and if it hits there, I think that sets up a good short opportunity. Lots of people saying we're starting a new bull trend, but what makes me think that's not true? In a bull trend, you see a slow rise up, not a 300% bounce in a year. That indicates to me that this move has been corrective and not impulsive. I think we're nearing a top and once we hit it, I think it'll be a fast decline down to the $81 target on the chart. I'll be playing this move through options w/ expiry into late 2024/early 2025
NASDAQ:METAShort
by benjihyam
1
META ( FACEBOOK) Rebound - Can the METAVERSE Follow?Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with profit below Wall Street’s expectations. Google also reported a revenue growth slowdown, but for Meta this appeared to have been mitigated by an increase in daily active users that “was enough to send the shorts covering and the stock surging,” so, good news from META, could the Real Metaverse be next? One Love, the FXPROFESSOR
NASDAQ:METALong
by FX_Professor
Meta (NASDAQ:META) Faces Legal Heat in the U.S. and EuropeSocial media giant Meta Platforms (NASDAQ:META) is in trouble over privacy issues. In a setback for Meta, Judge Timothy Kelly of the U.S. District Court for the District of Columbia ruled that the U.S. Federal Trade Commission (FTC) can seek to lower the amount of money the company makes from users below the age of 18 years. Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
A Positive View on META Platforms Inc. Meta Platforms (NASDAQ:META) and has recently revised the price target from $380 to $435, highlighting its innovative approach, integration of artificial intelligence, and strong financial standing as key drivers of growth. One of the factors contributing to this positive sentiment is Meta Platforms’ recent initiatives, such as the launch of the Threads app, which is viewed as a catalyst for future growth. These developments have further solidified financial institutions that Meta Platforms is a strong buy, with a promising outlook for its future performance. META's Positive Outlook META’s market capitalization stands at an impressive $858.8 billion, highlighting its prominence in the technology services sector. Despite a challenging year for the company, with a negative earnings growth of -38.26% in the previous year, META has shown resilience and is projected to experience a positive earnings growth of +40.43% this year. Looking ahead, the company is expected to maintain a steady earnings growth of +20.88% over the next five years. In terms of revenue growth, META experienced a decline of -1.12% in the previous year. However, the company’s strong market position and potential for growth are evident from its financial indicators. META’s price-to-earnings (P/E) ratio stands at 30.1, indicating that investors are willing to pay a premium for the company’s future earnings. The price-to-sales ratio of 2.79 and price-to-book ratio of 6.95 further reflect the market’s positive sentiment towards META’s prospects. Taking a broader perspective, META operates in the technology services sector, specifically in the internet software/services industry. As a leader in this industry, META has established its corporate headquarters in Menlo Park, California, a hub for technological innovation. Despite challenges in the past, META is expected to experience significant earnings growth this year and maintain a steady growth trajectory over the next five years. As a prominent player in the technology services sector, META’s stock performance is influenced by broader market movements and sentiment. Investors and analysts will eagerly await the next reporting date to gain further insights into META’s financial performance and growth potential.
NASDAQ:METALong
by DEXWireNews
🤖 Meta's Latest Reveal: Advanced Generative AI Meta has recently introduced two artificial intelligence models, Emu Video and Emu Edit. Emu Video specializes in generating brief 4-second videos from textual descriptions or initial images, while Emu Edit focuses on detailed image editing capabilities. Meta explains that Emu Video uses a bifurcated approach, initially generating images from text, followed by stitching these into a seamless video. Emu Edit, with its capabilities to modify backgrounds, change object colors, and introduce new elements, was developed using a specially created dataset of 10 million synthesized images. "Unlike many generative AI models today, Emu Edit precisely follows instructions, ensuring that pixels in the input image unrelated to the instructions remain untouched," the company stated. These new models are envisioned by developers as versatile tools for creativity, useful for artists, animators, and everyday users alike. However, at this stage, they represent an exploration of the possibilities in machine learning. Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
1
Meta Stocks on the Rise! A Golden Opportunity for Traders! As many of you may have already noticed, there has been a significant surge in Meta stock prices as Wall Street continues to invest more in this promising asset. In fact, Meta's stock price is approaching the impressive $340 mark, proving its momentum and potential for substantial growth. Considering the present market conditions and the analysis of seasoned experts, it seems like there has never been a better time to long Meta stocks. The impressive rise and consistent bullish trend indicate that Meta stocks are poised for substantial gains in the foreseeable future. By investing in Meta stocks now, you are positioning yourself to benefit from the tremendous growth opportunities that lie ahead. With Wall Street's increasing confidence in Meta stocks, it's crucial to seize this golden opportunity before it passes by. I invite each one of you to carefully consider adding Meta stocks to your portfolio and capitalize on the remarkable financial prospects it offers. Remember, fortune favors the bold and those who dare to seize incredible opportunities. Join the ranks of smart traders who have already recognized Meta stocks' value and growth potential. In conclusion, Meta stocks have proven to be a powerful force in the financial market, with Wall Street's increasing investment further attesting to its potential. Don't miss out on this lucrative chance to grow your portfolio and achieve financial success. Should you have any questions, or require further data regarding Meta stocks, please do not hesitate to comment below.
MLong
by bryandowningqln
1
Amazon Partners With Meta For Shopping Via Instagram & Facebook.The initiative, which involves asking consumers to link their Amazon accounts to their social-media profiles, could make Meta more attractive to advertisers and let Amazon attract more shoppers from outside its web store. The unprecedented partnership between the two companies also could help them fend off challenges from TikTok, which has launched a US e-commerce marketplace, as well as such Chinese upstarts and Temu and Shein. US shoppers will see real-time pricing, delivery estimates and product details on select Amazon ads running on Facebook and Instagram, according to an Amazon spokesperson. Amazon has been working to better target customers outside of its main app and marketplace. The company rolled out “Buy with Prime” last year as a way to generate logistics revenue from transactions made on other websites and enhance the value of Prime memberships. Meta has struggled to make inroads in e-commerce. The company abandoned its Instagram shop tab, which let users find shoppable content on their feeds, and shut down live shopping features for Facebook and Instagram. Technical Analysis Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
2
META | Bearish Divergence | SHORTNASDAQ:META Price Target1: 276$ Price Target2: 265$ 15th Dec PUT Options Trend Analysis: The stock has been in an upward trend (bull market) for a considerable time, as indicated by the rising price action and the rising Relative Strength Index (RSI) line. However, this upward trend seems to have reversed recently, indicating the start of a bear market. Bearish Divergence: The chart points out a bearish divergence, which is a technical signal indicating potential trend reversal. A bearish divergence occurs when the stock price hits higher highs, but the RSI does not confirm these highs (i.e., the RSI makes lower highs). This suggests that the upward momentum might be weakening. Volume Profile: The volume profile on the right side shows the price levels at which the most trading occurred. The wider the horizontal bars, the more trading volume occurred at those price levels. These levels can act as support or resistance in the future. Price Decline: There are two significant price declines highlighted in the chart, with percentage drops annotated. The stock faced a steep decline, losing a significant portion of its value during those periods. RSI Levels: RSI values above 70 typically indicate that a stock might be overbought (potentially overvalued), while values below 30 suggest it might be oversold (potentially undervalued). The chart showcases moments when the RSI crossed these thresholds. Predictions: The highlighted bearish divergence and subsequent price drop might be a warning to traders and investors about potential future declines. The question mark implies uncertainty or a need for decision-making regarding the stock's future direction. The bear market label suggests a prediction or declaration that the stock has entered a downward trend.
NASDAQ:METAShort
by shkspr
TAke profits from longs on Meta Sure, here's the analysis of Meta (formerly known as Facebook) based on the information you provided: Stock Performance: Meta has recently experienced a stock price increase of over 160%. This is a significant rise and may indicate that investors were enthusiastic, and the stock's performance exceeded typical expectations. This is an important factor that can impact the future stock price. Overbought Zone: Your mention of a mildly overbought condition on the weekly chart is important. The Relative Strength Index (RSI) is a useful indicator for identifying overbought or oversold conditions in the market. If RSI reaches values above 70, it can signify that the stock is overbought and may be due for a correction. Bearish RSI Divergence: The formation of a bearish RSI divergence on the daily chart is a crucial signal. A bearish divergence suggests that the strength of the uptrend is weakening and could be the beginning of a reversal. This is an important signal for technical analysts, indicating a potential price decline in the future. Profit-Taking: Meta has seen substantial growth since its last decline. When investors witness such significant growth, they may be inclined to start taking profits. This can lead to increased selling of shares and a decline in the stock price. Based on this information, it might be expected that the price of Meta's stock could decline in the near future. However, it's important to note that financial markets are unpredictable and can be influenced by many other factors, including news, geopolitical events, and market trends. It's important to consider that investing based on technical analysis is just one of many approaches to investing. Before making any investment decisions, it's advisable to consult with a financial advisor and consider all available information about the company and the market.
NASDAQ:METAShort
by RC_CRYPTO_SURFER
#META looking rather precarious. META released a decent set of results last night, but trade action post market is very weak which makes me think there is a scenario where it could be headed as low as R240 to meet the Rising 200wma and previouys level of support at approx R245.00. Stock recently made a new high which was not confirmed by the RSI forming a lower high (bearish divergence). I would becareful of buying this thing too soon as i think further weakness is most likely on the horizon in the metaverse!
NASDAQ:METAShort
by MarcoOlevano