META Fair Price
My Notes
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Yesterday the US stock market rallied nicely and a lot of stocks hit their all-time highs. For example ,$GOOG, $AAPL, $MSFT, $NFLX and $META allhit their ATHs . I'm not currently buying much over the summer and rather holding, but I'm still riding DCA on $CSPX.L.
How do you currently approach stocks? Are you buying, holding or selling?
⚠️ Unexpected twists and turns in the markets! 🚨
This week we are witnessing an incredible spectacle!
Meta $META former Facebook announced results above analysts expectations but reported a worse outlook. The company's shares are reacting to this today by falling by more than 10 %. On the other hand, there is Tesla $TSLA, which took a beating in the results, but the share price...
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Still on the GDP, here's a comment that captures the dilemma the Fed has faced
"The Fed is now finding itself caught between a rock and a hard place. The growth numbers suggest monetary policy has worked its magic and the Fed's foot on the monetary brake can be eased somewhat. But the inflation figures suggest otherwise," said Stuart Cole, chief macro economist for Equiti Capital in London.
META IS HIRING AGAIN FOR THE AI SECTOR
-Meta Platforms Inc. $META plans to resume hiring with an emphasis on jobs in the artificial intelligence sector.
- The move signals a departure from the trend of cost-cutting in Big Tech, which can be seen as a vote of confidence in the economy and the future of AI technology.
- However, the resurgence in hiring may worry investorsas an...
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My take on Apple's results for the last quarter! 🚀
Solid growth in demand for new iPhones offset gradual weakness in other business segments, confirming the durability of this tech giant. This is also evidenced by the revenue from iPhone sales, which reached $69.7 billionagainst an estimate 68.5 billion dollars. 💼
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With the results ,$META announced itsintention to pay a regular dividend, with the first payout date expected to be March 26, 2024 at $0.50 per share :)
For now, it's more of a hold or sell. There will be buying, but when there is a lot more red on the chart.