Since the earnings season for the first quarter of this year is almost over, I would like to ask you how you rate the earnings season and what results surprised you the most, either pleasantly or unpleasantly.
I perceive the results season positively, as I expected much worse. Obviously, some companies had worse results and did not exceed... Read more
Personally, from the whole jerk I'm surprised there just isn't a recession yet, which su's always talked about. The tech companies, the hype around AI is just holding it together, that's all and if it wasn't for that we wouldn't be where we are in the indices at all. So I still expect a decline, not now if the Fed doesn't hike, but as just big tech runs out of drive, we should go down, but I don't think drastically.
Or how Jim Cramer ruined our enjoyment of the stock markets... Time to short? 😂
Jim Cramer pointed out the top 7 stocks he thinks are guaranteed winners for this year - Apple $AAPL, Microsoft $MSFT, Nvidia $NVDA, Amazon $AMZN, Facebook $META, Tesla $TSLA, Google $GOOGL.
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...
I sold the Met when they went crazy on Metaverse and poured a lot of money into it. I just didn't like their decisions. Now, unfortunately, it's at such prices that it's not very attractive.
Admittedly a minor drop, but it comes after an interesting report. Meta has been fined a record $1.3 billion by the European Union for sending user data to the US. The fine comes after regulators said Meta failed to protect personal information from US security services.
Montana yesterday became the first US state to ban Tiktok. The whole thing is likely to have a court case that will quite possibly decide the future course of action.
This could be the catalyst for a US-wide ban on Tiktok, which would strongly benefit $META.
I don't think they'll ban it across the US, I could see people taking to the streets over it or then someone bringing it up at the polls as their agenda to bring it back :D if that happened $META has the perfect override.
Absolutely nothing against Meta Platforms $META, but I don't really understand how Loop Capital analysts can now give a $320 target. Also, is anyone here too bullish and can give me reasons for this? 🤨
I also don't find$META attractive at the moment, although I used to own shares of the former $FB, I think the company will go lower and lower over time, I don't see anything that would pull me to invest for the long term. I especially think Meta stock needs some cooling off at the moment after the big run up. The target price doesn't seem entirely realistic to me either.
Immediately after the market opened I closed my position on $META
It was a buy from last night - a strangle (option strategy - you buy one call and one put). To make a profit on this trade, there has to be a really significant move in the stock.
Given that Meta stock opened at a plus 14% after the beat, that was enough to give my position a 300% appreciation.
The growth in recent months is really enormous. On the other hand, the stock is catching up with the earlier declines and is slowly regaining the limelight. Unless they sink all the money in Reality Labs and can profit from it gradually, this will be a good stock. But it's pretty expensive now.
📢Today, $META will report its results after the close of the markets. According to analysts, the company is struggling with weak demand for advertising, which has caused the company's revenues to stagnate. Analysts here are expecting revenues of $27.7 billion, which will mean continued stagnation.
So what's your take on this company? Do you think all the growth has been... Read more
Personally, from the whole jerk I'm surprised there just isn't a recession yet, which su's always talked about. The tech companies, the hype around AI is just holding it together, that's all and if it wasn't for that we wouldn't be where we are in the indices at all. So I still expect a decline, not now if the Fed doesn't hike, but as just big tech runs out of drive, we should go down, but I don't think drastically.