META241101P270000
- 0.01
- 0.000.00%
Meta Platforms Newsroom
Meta (META.US) 2024 Q3 earnings conference: The average ad unit price increased by 11% year-on-year and will continue to expand the scale of users clicking on ads.
On October 31st, Meta (META.US) held the 24Q3 earnings conference.
Express News | Bank of America: Raised Meta's target price to $660, increasingly strong focus on AI may bring surprises.
Express News | wells fargo & co lowered Meta's target price from $652 to $641.
Express News | Meta Platforms, Inc. : Wells Fargo Cuts Target Price to $641 From $652
Trump Media Stock Rebounds. How DJT's Wild Week Looks Set to End as Election Nears. -- Barrons.com
ENGIE to Supply 260MW of Solar Energy to Meta in US
What answers have the financial reports of major companies provided to the most concerning issues in AI trading?
One of the main characteristics of the third quarter report is that technology giants continue to increase investment in AI without hesitation, with total capital expenditures of microsoft, google, and Meta increasing by 48% year-on-year. However, the returns brought by the huge investment are somewhat mixed, and the market may need to wait longer. In addition, the three major trends of 'hiring is not as good as buying cards', shifting from training to reasoning, and the marginalization of OpenAI by microsoft are becoming increasingly clear.
Fubon Securities Adjusts Price Target on Meta Platforms to $670 From $575, Maintains Buy Rating
CHIGEE Dévoile Le Nouveau AIO-6 Et Expose Sa Technologie Avancée Pour Moto À L'EICMA 2024
The Zacks Analyst Blog Meta, Apple, Alphabet and Amazon
Dah Sing: Meta (META.US) remains the best early winner in the generative AI field.
Morgan Stanley research report indicates that Meta (META.US) continues to perform well in driving user engagement and monetization capabilities through innovation, and has sufficient GPU-driven product lineup to be launched in 2025 or later. The firm points out that the company remains the best early winner in the field of Generative AI (GenAI). The firm has set a target price of $600 and maintains a "shareholding" rating. The firm highlights the upper limit of Meta's fourth-quarter revenue guidance, emphasizing the company's strong user engagement and advertising performance driving business growth. Meta's short-term and long-term improvement plans remain sufficient and they
ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
CNBC Daily Open: Big Tech Needs to Go Beyond Beating Earnings Expectations
US technology stocks' 'weird phenomenon': Beating expectations is no longer enough, investors want more.
①For investors, the better-than-expected performance of large technology companies in the US is no longer enough to satisfy them; ②This week, technology companies have successively released quarterly financial reports, with revenue and profits mostly exceeding expectations, yet the market response has been brutal; ③Some believe that the dismal stock price is due to the market's overly high expectations, while others attribute it to a technical profit-taking pullback.
S&P 500 Records Worst Session In Over A Month, Meta And Microsoft Tumble: Greed Index Moves To 'Fear' Zone
Don't Fret the Tech Tumble. Instead, Be Prepared to Buy the Dip
Decoding Meta Platforms Inc (META): A Strategic SWOT Insight
UBS Group raises Meta's target price to $719, investment driving product expansion finally achieves monetization.
UBS Group released research reports stating that Meta (META.US) is expected to significantly increase its capital expenditure by 2025, predicting that investments can drive product expansion, ultimately achieving monetization, bringing about realized returns. With accelerating income growth and technological advancements, the bank believes that the company's long-term growth potential remains strong. Accordingly, the earnings forecast for 2025 and 2026 is raised by 5% each to reflect an expected annual revenue growth of 4% and 7% during the period, helping to offset the increase in costs. The bank expects that the introduction of new products will add potential to Meta's advertising revenue growth in 2026 and beyond, including the incremental revenue released by generative AI.
Stock Market Today: Microsoft, Meta Drag Tech Stocks Lower on Concerns Over AI Spending
Citigroup raises Meta (META.US) target price to $705 as improved AI participation drives usage growth.
Citi's report stated that Meta (META.US) third-quarter advertising revenue increased by 20% annually at a fixed exchange rate, with a 7% increase in ad impressions and an 11% price increase, indicating the company's continued market share gains in the overall advertising budget. During the quarter, Meta AI's recommendation engine increased user engagement on Instagram and Facebook, driving usage growth, reflecting the company's ROI on AI, and the bank believes the sector is still in its early stages. On monetization capabilities, the bank noted that over 1 million Meta advertising customers use its generative AI tools.