Meta Platforms (FB); Former Facebook

[winston]

not vested

Meta Stock Tumbles After First-Ever Revenue Decline, Q2 Earnings Miss, $2.8 Billion Reality Labs Loss

by MARTIN BACCARDAX

Profits for the three months ending in June were pegged at $2.46, down 31% from the same period last year.

Group revenues fell 3% to $28.82 billion.

Source: The Street

https://www.thestreet.com/markets/meta- ... abs%2BLoss

[behappyalways]

TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply

Teens, Social Media and Technology 2022
https://www.pewresearch.org/internet/20 ... logy-2022/

[winston]

not vested

Meta Platforms Is Now Priced as a Value Stock: Here's the Trade

META is a cheap stock relative to the marketplace. However, at least for now, this isn't a growth stock.

By STEPHEN GUILFOYLE

15 times forward looking earnings. There is no dividend.

Looking for GAAP EPS of about $1.90 on revenue of $27.6B. If realized, earnings "growth" of -41% on revenue "growth" of -4.8%.

Suffered a 14% contraction in average price per ad.

Source: The Street

https://realmoney.thestreet.com/investi ... he%2BTrade

[behappyalways]

Meta十月推混合實境 虛擬裝置戰國時代開打｜FOCUS午間新聞 20220916
https://m.youtube.com/watch?v=0XtLrnM_UCY

[behappyalways]

Facebook Parent Meta, Google Quietly Cutting Staff
https://www.zerohedge.com/political/fac ... ting-staff


Meta拚減少10%支出！"沒生產力員工"不用來了？經濟趨緩...沃爾瑪招人縮手｜非凡財經新聞｜20220922
https://m.youtube.com/watch?v=k0aujoVLVHs

[behappyalways]

Facebook Announces Hiring Freeze, Warns Of "Team Restructuring", Stocks Slumps
https://www.zerohedge.com/markets/faceb ... ing-freeze

[behappyalways]

Meta Terminating Midtown South Office Lease Amid Cost-Cutting Push
https://www.zerohedge.com/markets/meta- ... tting-push

[behappyalways]

a poorly-executed buyback program.
https://mobile.twitter.com/21stCentValu ... 4946910209

[behappyalways]

Russia Adds Facebook Parent Meta To 'Terrorists And Extremists' List
https://www.zerohedge.com/geopolitical/ ... mists-list

[behappyalways]

Meta documents show main metaverse is losing users and falling short of goals, report says
https://www.cnbc.com/2022/10/15/meta-ho ... goals.html