News Formal

Meta Earnings Eyed as Tech Stocks Plummet - Will Facebook Get the Netflix Treatment

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Meta Platforms, Facebook’s parent company, announces quarterly results after the closing bell. Analysts expect earnings per share of $2.58 on revenue of $28.28 billion. If earnings and corp. guidance disappoint, Netflix’s tragic fate could befall Facebook.

Traders should pay attention to advertisement revenue growth and outlook commentary, but more importantly daily active users’ numbers. In Q4 2021, Facebook's DAUs stood at 1.929 billion, up 5% year-over-year, but down 0.1% quarter-over-quarter. The markets did not like this sequential decline and the stock price plunged more than 25% the day after the company released its financial statements with this information.

Looking ahead, if DAUs do not stabilize and retreat more than expected in the wake of Russia's decision to ban Meta products in the country, FB stocks could suffer, rivaling thelast week, when the streaming service's shares sank more than 35% after announcing a loss of 200,000 subscribers and issuing weak guidance.

For a long time, tech darlings have commanded higher valuation multiples than the broader market due to expectations that they could continue to deliver strong earnings growth to shareholders regardless of the economic environment, but if their fortunes begin to change, investors may think twice about paying a premium to own their stocks.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 305. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Facebook earnings beat sends Meta stock soaring, but sales hit slowest growth in a decadeFacebook Meta Platforms Inc. is the latest tech giant to feel an economic pinch. On Wednesday, it reported its slowest sales growth in a decade and issued... I think it's best people focus more on their own lives rather than be bothered about what other's are doing based on the pics they upload on Facebook, their rants and raves, etc. It's just too much unnecessary distraction. Word must have gotten out that Elon is taking over Fakebook next Let ‘em pump it 25% tomorrow! Easy short.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »