Have a nice Tuesday,
how do you feel about $META? It's been climbing back up quite a bit since the last drop at the end of 2022, which is great for owners of this stock. But some of Zuckerberg's plans seem very controversial to me, on the other hand, that's why his company was/is still a success and he owns instagram, whatsup..... What's your take on this?
Hey investors, have a great Sunday.
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.
Leaving out the six. ...it makes me wonder how it's all based on tech companies... :)
Amazon $AMZN will expand its mobile phone offerings for Prime members.
Apple $AAPL will offer high-yield savings accounts.
JP Morgan $JPM now controls more than 15% of US bank deposits.
Google $GOOG now controls more than 90% of global search traffic.
Meta $META just announced that it has 3 billion active users across all of its platforms.
A few companies now control almost...
Read more
I guess it depends, what's "crumb"? At least for me it's wrong that there is an unassailable monopoly in every segment...
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.
Currently quite stretched, but even so, there are plenty of trads to be found. I'm not adding much to my investments at the moment.
Is Meta $META on sale? 😄
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.
I'd like to buy the Meta already, but unfortunately it's still not at that price. And this information hasn't moved the stock price much either.
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 $META has the perfect override.
I also don't find$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.
...
$META has lost steam due to the metaverse, which it has failed to push and lives only on ads. 😔