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META News and Press, Meta Platforms Inc

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Company Name: Meta Platforms Inc
Stock Symbol: META
Market: NASDAQ
Website: facebook.com

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META - Here's Why Google Fell Despite The Q2 2024 Earnings Outperformance

2024-07-24 11:39:28 ET Summary Google continues to be well-positioned in the AI play, with robust Q2 results in its core Search advertising business and persistent momentum in Cloud monetization. The latest earnings outperformance continues to assuage previous concerns about AI-dr...

META - GreensKeeper Value Fund Q2 2024 Letter

2024-07-24 11:25:00 ET Summary The Value Fund was up +1.6% net of fees and expenses in the second quarter, is up +11.5% year to date (YTD), and +19.3% over the past 12 months. Must-own” AI stocks are not for us: we are immune from the FOMO virus. Our top contributor in ...

META - Andvari Associates Q2 2024 Letter

2024-07-24 11:05:00 ET Summary For the second quarter of 2024, Andvari was up 7.7% net of fees while the SPDR S&P 500 ETF was up 15.2%. Andvari sold out of two holdings, the largest of which is Mesa. With a large amount of capital to redeploy, we started positions in a han...

META - Alphabet dips on earnings worries, though analysts look to strengths

2024-07-24 10:54:01 ET More on Alphabet Google: Valuation Makes No Sense Google Q2 Earnings: Investing In The Future While Expanding Margins, What Else Do You Want? Google: Amazing Q2 Earnings, Poor Market Reaction (Rating Upgrade) Alphabet beats as search, C...

META - Distillate Capital Q2 2024 Letter To Investors

2024-07-24 10:10:00 ET Summary Distillate Capital Partners LLC was formed in 2017 and is based in Chicago, IL. The firm is 100% employee-owned, and DCP’s partners each have invested significantly in the firm’s investment strategies. The first half of 2024 has produce...

META - 1 Magnificent Artificial Intelligence (AI) Stock to Buy Hand Over Fist

2024-07-24 07:45:00 ET Recently, the stock market has shifted away from megacap technology stocks to other industries. For example, Meta Platforms (NASDAQ: META) has fallen roughly 12% in just a few weeks. No groundbreaking news about the company has come out; sometimes, stocks just...

META - Google: Amazing Q2 Earnings, Poor Market Reaction (Rating Upgrade)

2024-07-24 04:07:23 ET Summary I initially rated Alphabet as 'Hold' due to concerns about Gemini. But after the recent earnings, I've decided to upgrade to 'Buy' - read on. Revenue growth in Q2 2024 amounted to 14% YoY, while EPS went up by 31.25%. Both actual figures beat the con...

META - FCOM: Solid Long-Term Growth Outlook, But Volatility Can Be High

2024-07-24 03:40:52 ET Summary Fidelity MSCI Communication Services ETF owns a portfolio of 25 U.S. communication services stocks with a low expense ratio of 0.08%. FCOM has almost recovered to a previous peak in 2021 and has a bright long-term growth outlook. The fund has hig...

META - Meta unveils largest version of Llama AI model as competition heats up

2024-07-23 11:22:44 ET More on Meta Platforms Meta: The Only Mega Cap I'm Buying, Price Target $630 Meta Platforms Deleted From Our Model Portfolio (Technical Analysis) Meta Platforms' Q2: What To Expect And What To Watch Magnificent 7 Earnings Preview: Is a ...

META - Meta: The Only Mega Cap I'm Buying, Price Target $630

2024-07-23 09:16:02 ET Summary Meta Platforms, Inc. is the only mega-cap stock in my portfolio, with a price target of $630 by summer 2025. I believe in Meta's prospects and aggressive investment in AI, predicting around 18% CAGR in 2024. Meta's stock valuation at 22x next yea...

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