Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
$Meta Platforms(META.US)$
The world's most valuable AI startup OpenAI reportedly burned $4 billion this year already on cloud costs alone and may spend another $3 billion+ on model training, as per The Information.
Meanwhile, their annualized revenue is around $3.4B.
In addition, given that Zuck's Meta just released their open-source Llama 3.1 model - giving you GPT-4...
If the market trades lower, CTAs are projected to sell more than $7 billion worth of equities.
$Vanguard S&P 500 ETF(VOO.US)$ $SPDR S&P 500 ETF(SPY.US)$ $iShares Core S&P 500 ETF(IVV.US)$ $Invesco QQQ Trust(QQQ.US)$ $Invesco NASDAQ 100 ETF(QQQM.US)$
$Meta Platforms(META.US)$ $Netflix(NFLX.US)$ $Alphabet-C(GOOG.US)$ $Microsoft(MSFT.US)$ $Tesla(TSLA.US)$ $Apple(AAPL.US)$ $NVIDIA(NVDA.US)$
1) people that forget their password
2) people that are already dead
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ *] S&P moved downwards. We maintain a bearish directional bias as long as prices to hold below 5510 resistance level. We expect prices to push below towards 5400 support level. Technical indicators are leaning towards a bearish scenario as well.
Alternatively: A 4 hour candlestick opening above...
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