META CRUSHED Earning🔥 NEVER goes AGAINST NVDA‼️
$Meta Platforms (META.US)$ CRUSHED EARNING in every aspects!! Revenue Beat, EPS Beat, Strong Guidance — 'Meta AI Is On Track To Be The Most Used AI Assistant In The World' - this is what Mark Zurkerberg said during conference just now. Also, their advertisement business through Social Media Platforms has been increasing drastically especially Instagram
Meta has now beat analyst estimates on the top and bottom lines in six consecutive quarters‼️
Meta has now beat analyst estimates on the top and bottom lines in six consecutive quarters‼️
Lastly, they keep on increasing their spending in the AI space like buying more GPUs from $NVIDIA (NVDA.US)$ and that’s why NVDA is up again during after market.
However, $Arm Holdings (ARM.US)$ share price has been dropping around 12% after earning was reported. Will it affect NVDA?…Hmm probably not‼️
For my current position, I might reduce my NVDA holding by 15% as I realized I am holding too much of NVDA, I wanted to make it balance and more flexible, so I would sell of 15% position of my NVDA and keep it cash aside to be preparing for other M7 if there is any discount like $Microsoft (MSFT.US)$ $Alphabet-C (GOOG.US)$ $Amazon (AMZN.US)$
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101823892_antony : how abt micron
Anthony 27 OP 101823892_antony : This one hard to say..so far I am with losses too. But fundamental wise is okay…
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