Meta Platforms (FB); Former Facebook

[behappyalways]

Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms
https://www.zerohedge.com/markets/meta- ... -open-arms

[behappyalways]

Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse
https://m.youtube.com/watch?v=BrNu2a9uhR0

[behappyalways]

Meta Smart Ray-Ban Glasses Big Winner? Goldman Finds App Downloads Hit 200% YoY
https://www.zerohedge.com/technology/me ... it-200-yoy

[behappyalways]

Facebook and Instagram to get rid of fact checkers, Mark Zuckerberg announces | BBC News
https://m.youtube.com/watch?v=L2Jud35UH14

[winston]

not vested

Meta Platforms announced its fourth-quarter revenue increased 20.6% year-over-year to $48.38 billion and also beat Wall Street consensus estimates for revenue of $46.99 billion.

Meanwhile, earnings per share surged 50.5% year-over-year to $8.02 per share, up from earnings of $5.33 per share in the same quarter of last year. Analysts were calling for earnings of $6.74 per share.

Now, Meta’s Reality Labs sales rose slightly to $1.1 billion in the fourth quarter, but the virtual reality unit recorded nearly $5 billion in losses.

This would be the year when a number of the long-term investments for their Metaverse efforts will really start to pay off.

This comes less than a week after Meta said it plans to spend between $60 billion and $65 billion on AI infrastructure this year. So, given the fact that there were no apparent alarm bells over the DeepSeek news in the earnings call, Wall Street cheered the positive results and shares of META rallied more than 4% on Thursday.

Looking ahead, Meta Platforms anticipates revenue between $39.5 billion and $41.8 billion in the first quarter of 2024. Analysts were calling for revenue of $41.6 billion.

Source: Investor Place

[winston]

not vested

As for Meta Platforms... Sales, earnings, and daily users all came in above estimates.

While the company didn't give a specific growth target for 2025, CFO Susan Li said that Meta expects strong revenue growth on top of 22% growth in 2024.

And CEO Mark Zuckerberg said that he predicts Meta's artificial-intelligence ("AI") chatbot will reach 1 billion monthly active users in 2025, after hitting 700 million active users in January.

Meta shares gained 1.5% on Thursday, closing at a new all-time high.

Source: Daily Wealth

[behappyalways]

Meta's recruitment focus turns to AI.
5% of global layoffs target those with "low performance and insist on remote working"

Meta招聘心轉向AI 全球大裁員5%鎖定"低績效.堅持遠端辦公"者｜非凡財經新聞｜20250211

https://m.youtube.com/watch?v=fHEPyMTSLeI

[behappyalways]

Meta Plans For New AI Humanoid Robot For "Household Chores"; Headline Fuels Stock Rally
https://www.zerohedge.com/markets/meta- ... ly-further

[behappyalways]

Meta In Talks For $200 Billion Data Center Project That "Would Dwarf" All Of Its Other Projects
https://www.zerohedge.com/technology/me ... r-projects

[winston]

not vested

Meta Platforms (NASDAQ:META) has been a multibagger stock from its trough in 2022 and is still up over 532%.

The advertising growth, along with its aggressive investments in AI, has made it a growth stock again.

A broader market rally will naturally drive up META stock, but as market sentiment sours, taking some profits here is not a bad idea.

Meta’s debt load has grown from $14 billion in Q1 2022 to $49 billion in Q4 2024.

A lot of that is going into AI.

The core “Family of Apps” business is a mature cash cow, so Meta is unlikely to stay a growth stock unless its AI gamble pays off big.

The consensus price target of $719.3 implies 14.9% upside.

Source: Money Morning