Mega cap tech earningsShe came back to life today!
Tripled their profit, announced their first ever dividend, and gave a huge raise to forecast guidance for the upcoming quarter. Their ad business bounced back in a huge way. Remember they also trimmed a lot of fat by firing employees (20,000).Explain to me the reasoning behind this? Did they introduce something new? I don't get it?
Ya I still don’t believe it. I maybe see 2 people a week if that post on Facebook out of all of my friends anymore. These are faked numbers for sure. I get the employee part but it still doesn’t ad up. More agencies faking numbers.Tripled their profit, issued their first ever dividend, and gave a huge raise to forecast guidance for the upcoming quarter. Their ad business bounced back in a huge way. Remember they also trimmed a lot of fat by firing employees.
Instagram and Reels making up for Facebook.Ya I still don’t believe it. I maybe see 2 people a week if that post on Facebook out of all of my friends anymore. These are faked numbers for sure. I get the employee part but it still doesn’t ad up. More agencies faking numbers.
No it's huge. Also, there is thought out there from the analysts that Reels will be bigger than Tik Tok eventually. It's gaining on them.I thought Instagram died out mid 2000s? I don’t know anyone that even uses it.
lol um you must be cherry picking because the market is on fire still. Of course there will be some that get whacked here and there. It's Pinterest for F sakes. S&P 5000View attachment 6025
Dam what happened? Why is it I am seeing stocks diving left and right almost every day now?