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●Rice $Meta Platforms (META.US)$(formerly Facebook)After closing on 4/24 EST（Early morning on the 25th Japan timeWe plan to announce financial results for the 24Q1 (fiscal year ending January-March) on).
● According to market consensus, Meta's first quarter sales were compared to the same period last year$36.156 billion, up 26.22%, EPS compared to the same period last year$4.31, up 95.99%It is expected.
Meta achieved advertising business sales of 38.76 billion dollars and a group-wide service DAU of 3.19 billion people in 23Q4. The company also announced an additional share buyback of 7 trillion yen and its first quarterly dividend plan. Our large investment in artificial intelligence (AI) paid off, showing steady profit growth and cash flow.
Are valuations still reasonable?
Meta's stock price has achieved a year-on-year rate of increase of approximately 125% over the past 12 months, and is significantly outperforming the stock market as a whole in 2024.
According to Moomoo data, the market forecast for Meta's first quarter financial results is that sales are 26 compared to the same period last year...

Hello, Moomoo users!Tonight's read on NY stocks.
Market Overview
Starting the USA market, Dow Jones Industrial Average, composed of high-quality stocks, opens at 37,847.21, up $93.90, while the Nasdaq Composite Index with a high proportion of technology stocks begins at 15,705.69, up 22.32 points. The S&P 500 index, consisting of 500 leading USA large cap stocks, rose by 9.31 points to 5,031.52.
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The G7 reaffirmed in a statement its recognition that "excessive exchange rate volatility has a negative impact on the economy."
The Group of Seven (G7) countries held a finance minister and central bank governors meeting in Washington, USA on the 17th local time, and reaffirmed in a joint statement that excessive exchange rate fluctuations can have a negative impact on the economy. There is also a view that Japan, which is facing rapid depreciation of the yen, could become a "get-out-of-jail-free card" by defending its own currency through exchange rate intervention.
US 10-year bond yields may reach 5%, with concerns about a massive sell-off occurrence - Vanguard
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