Meta - Bye Bye?
Meta's Q3 2023 Earnings Report: Revenue Soars 23% to $34.15B, Net Income Skyrockets 164%, and Remarkable 168% Jump in EPS, but deliver a very poor 4th Q & 2024 Outlook.
CEO Statement:
"We had a good quarter for our community and business," said Mark Zuckerberg, Meta founder and CEO. "I'm proud of the work our teams have done to advance AI and mixed reality."
My View:
- Meta's most valuable assets now is their active base of 3.14b daily active users & their investment into AI that will continue spearheaded their growth in years to come. Though Ad spending is going to reduce in 2024 due to uncertain & volatile economy environment, I believe that its AI segment will be able to monetize by then.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Avengers 2023 : How can Meta bye bye ? Then you don't use FB, Instagram and whatsapp.
SharkFM OP Avengers 2023 : didn't you see the question mark...justify your own from the results bruh
Avengers 2023 SharkFM OP : If this is question mark why post here? Coz it won't happened for sure.
SharkFM OP Avengers 2023 : It my freedom to post and your choice not to see...
Avengers 2023 SharkFM OP : Then u r misleading to others here. We only want to see the real facts not fake news. No wonder u have so few followers here.
SharkFM OP Avengers 2023 : fake or not is your own justification and level of understanding....earnings is real.... I never care about followers...I talk based on facts...no point replying to different level of ppl. bye
Avengers 2023 SharkFM OP : Same here.