Tag Archives: Meta

Brent Thill, Jefferies Equity Research Analyst, analyzes Meta’s stock pop after earnings. You can see the full interview here. Key video highlights 00:25 On how Instagram has improved 00:40 On better ad targeting 00:55 On other social platforms 01:30 On the stock move Video Transcript BRENT THILL: Look, anyone that was on Instagram and that had been giving them the accurate data of who you are and what you like is only seen incredible, incredible targeting, which is what I want. I don’t want to tell… Source link

Meta (META) Meta Platforms shares soared after the social media giant announced fourth quarter sales of $32.17 billion which beat analyst expectations of $31.65 billion. The company also announced a $40 billion boost to its stock buyback program. Facebook’s daily active users of 2 billion beat analyst estimates of 1.98 billion. e.l.f Beauty (ELF) e.l.f Beauty quarterly results came in above expectations, with net sales of $146.5 million versus Wall Street analyst average estimates of $122.5… Source link

Yahoo Finance Live’s Seana Smith looks at several stocks trending in the after-hours trading session. Video Transcript SEANA SMITH: Let’s take a look at what’s trending after-hours. We’ve got three stocks for you. And as you can on your screen, a lot of green. Let’s kick it off with Meta. We’re looking at gains of just about 18% in extended trading. Revenue very strong for its most recent quarter, beating the Street’s estimates, coming in just above $32 billion. Daily active users was also… Source link

Tech editor Dan Howley takes a closer look at Meta’s latest earnings beat alongside updates to its share buyback program. Video Transcript DAVE BRIGGS: All right, earnings alert here, investors hitting the like button on Meta earnings, up 13 plus percent after-hours after the company released its fourth quarter earnings. Share buyback, revenue beat. Dan Howley here with the most surprising thing you saw in this report. What do investors like, sir? DAN HOWLEY: Yeah, obviously, the stock buyback… Source link

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link

The mega cap stocks known as FAANG are offering rare, deep discounts since like Amazon is trading 47% off their all-time high and Meta off 62%. Similarly, Alphabet and Meta are trading significantly lower to its historical average valuation. Despite these price cuts, FAAMG comprise 17.4% of the S&P 500. We believe it’s prudent to watch these names closely, as generally speaking, they have strong balance sheets, healthy margins and defensible competitive positioning. This week, the… Source link

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link

Comment on this story Comment Three months before ChatGPT debuted in November, Facebook’s parent company Meta released a similar chatbot. But unlike the phenomenon that ChatGPT instantly became, with more than a million users in its first five days, Meta’s Blenderbot was boring, said Meta’s chief artificial intelligence scientist, Yann LeCun. “The reason it was boring was because it was made safe,” LeCun said last week at a forum hosted by AI consulting company Collective[i]. He… Source link

For Meta (META) this year, the road ahead will focus on better execution with fewer employees, and maybe a higher stock price, argues RBC analyst Brad Erickson. “We think they are making improvements in terms of targeting and measurement, and we think that is translating into incremental dollar growth and advertising,” Erickson said on Yahoo Finance Live (video above). Meta is Erickson’s top pick from his sector coverage for 2023. The bullish call comes after a brutally challenging year for… Source link

Google headquarters is seen in Mountain View, California, United States on September 26, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are leading the charge of companies buying wind and solar power. Amazon, Facebook parent company Meta, and Google, owned by parent company Alphabet, are the top three corporate purchasers of wind and solar energy, according to a report published Wednesday from the American Clean Power Association, an industry group. related investing… Source link