Meta surged nearly 30% this year, with Q2 advertising revenue potentially achieving double-digit growth! Will this financial report bring surprises?
Looking ahead to next week, Meta will face a major test: the company will release its latest results after the close of trading on Wednesday, July 31 EST. Currently, the market generally expects Meta to achieve revenue of $38.284 billion and an EPS of $4.75, a year-on-year increase of 19.64% and 59.34% respectively.
Preview -- Barron's
AI Sparked a Revolution. Now We Await the Payoff.
Meta (META.US) faced a $13.4 billion fine from the EU for violating competition rules.
According to insiders, Meta will face a fine from the EU for violating competition rules.
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The Stock Market Rotation Will Go On
Meta Platforms Options Spot-On: On July 26th, 338.49K Contracts Were Traded, With 2.27 Million Open Interest
On July 26th ET, $Meta Platforms(META.US)$ had active options trading, with a total trading volume of 338.49K options for the day, of which put options accounted for 41.29% of the total transactions,
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After a year, Musk mentioned "fight me" again, Zuckerberg responded: "Again?"
Last summer, two top technology bigwigs, Musk and Zuckerberg, sparked a hot topic when they scheduled a fight, but the showdown ultimately did not happen. A year later, Musk once again expressed his willingness to compete with Zuckerberg, but this time it seems Zuckerberg is not planning to take up the challenge.
Elon Musk's XAI Is Now Training Its Grok AI Chatbot Based on X Posts
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Market Clubhouse Morning Memo - July 26th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Several US technology giants have revealed their secrets: "The AI competition has left us with no way out."
Zuckerberg admits that the AI craze may have led to overinvestment. "I think many companies now have a fairly high likelihood of overbuilding."
Meta Platforms Interested in EssilorLuxottica Stake, Ray-Ban Maker Says
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