for both revenue and profit. ROTH MKM Managing Director Rohit Kulkarni joins Market Domination Overtime to analyze the earnings report.
Given what we heard from uh a couple of companies like Google as well as uh painters yesterday, I think meta was increasingly controversial.But the big surprise here is uh is twofold, one is three Q guide year on year. So we are from year to year and probably we are in this kind of up and down five up and down five zone for meta because the velocity with which they are spending is continues to go up, you know, and I want to know there's the future, the spending that they are doing for the future business, right to really focus on A I but in the meantime, they have an ad business, right?
Yeah, I think uh the, the moment a company like Meta uh which has essentially an auction based model uh for pricing their ads, the moment they start to see pricing go up, that essentially is, is a way for us to read that this company is putting the right ad in the front of the right at the right time.
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