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$Meta Platforms (META.US)$ had great earnings but the in line guide and especially the Capex up 8-16% led to the selloff.
Before panic spreads, just keep in mind that $Meta Platforms (META.US)$ bottomed once it stopped spending on the metaverse.
Investors are likely scared of a renewed downturn due to the Capex, which in itself led to the pullback.
The next weeks will tell us if AI has the same appeal to Investor it did. over the last months of it the AI craze needs rest for now.
Keep in mind $Super Micro Computer (SMCI.US)$ and ...
Before panic spreads, just keep in mind that $Meta Platforms (META.US)$ bottomed once it stopped spending on the metaverse.
Investors are likely scared of a renewed downturn due to the Capex, which in itself led to the pullback.
The next weeks will tell us if AI has the same appeal to Investor it did. over the last months of it the AI craze needs rest for now.
Keep in mind $Super Micro Computer (SMCI.US)$ and ...
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$PDD Holdings (PDD.US)$ What's wrong with PDD?
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$Apple (AAPL.US)$ what would be a good entry point?
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$Baidu (BIDU.US)$ entire china green u freaking down so much and u are supposed to be the tech frontrunner of the country?????
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$JD.com (JD.US)$ entire china green then u red wtf
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$Alphabet-A (GOOGL.US)$ why are u falling when the entire market is bullish there is literally no negative news?
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$JD-SW (09618.HK)$ whats the fucking problem lol
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$NVIDIA (NVDA.US)$ is releasing its Q4 FY24 earnings on Feburary 21, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
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