Topic

META

A collection of 16 issues

Meta 2Q'24 Update

Disclosure: I own shares of Meta Platforms While the meme of “nobody uses Facebook” sort of evolved to “only old people use Facebook”, Meta reminded us that it’s just another urban myth: “…The growth we're seeing here in the U.S. has especially been a bright spot.

Meta 1Q'24 Update

Disclosure: I own shares of Meta Platforms If you have been following Meta for some time, you probably are accustomed with after-hours (AH) volatility by now. While Meta was -20% at one point AH today, it does seem a bit overdone. Of all the post-earnings drop that I have experienced

Meta Platforms: Model Update

Disclosure: I own shares of Meta Platforms So I took this weekend to update my models on Meta and Amazon. I just wanted to leave some brisk thoughts on these updated models. I will start with Meta today and will share my thoughts on Amazon tomorrow. You can find the

Meta 4Q'23 Update

Disclosure: I own shares and 2025 January $50 Call Options of Meta By 3Q’23 earnings, almost everyone understood Meta’s turnaround; the layoffs were behind us, topline growth was accelerating, and thanks to Meta’s “efficiency”, margins were expanding. Yet, the stock has gone up another ~60% since 3Q’

Meta 3Q'23 Update

Disclosure: I own shares and 2025 January $50 Call Options of Meta Meta had a terrific third quarter which makes the after-hours reaction (down ~3%) tad bit surprising, but perhaps understandable given the wider range of scenarios for advertising going forward. Here are my highlights from tonight’s call. Subscribe

The Curious Case of Big Tech

Disclosure: Nearly 60% of my personal portfolio is invested in Meta, Amazon, and Alphabet “Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years.” While most market participants want to focus on what happens next quarter or the next year, it

Meta 2Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 $50 call options of Meta While the stock is up +6-7% after hours, I found some mixed signals on this call to keep both bulls and bears interested. In any case, I have never found Meta’s earnings calls monotonous! Here are my

Meta's Achilles Heel(s)

Disclosure: I own shares and January 2025 $50 Call Options of Meta Subscribe First some caveats: while we have all probably read Charlie Munger’s quote “I never allow myself to hold an opinion on anything that I don't know the other side's argument better than

Meta's Moat

It's not "network effects". Disclosure: I own Meta’s shares and January 2025 $50 Call Options Subscribe During the weekend, I asked my twitter followers: What do you think Facebook's DAU to MAU ratio was in 2009? The number that got the highest votes

Meta 1Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 call options of Meta “There are two major technological waves driving our road map: a huge AI wave today, and a building metaverse wave for the future.” Mark Zuckerberg (1Q’23 Earnings Call) Here are my notes from tonight’s earnings. Subscribe Users