Tag: Meta Platforms

  • Meta Platforms Could See Higher Highs after Earnings Beat

    Meta Platforms Could See Higher Highs after Earnings Beat

    Meta Platforms (META) is on the run. All after beating on the top and bottom lines. EPS came in at $4.39, as compared to expectations for $3.63. Revenue of $34.15 billion beat estimates for $33.56 billion. Better, daily active users (DAUs) jumped to 2.09 billion as compared to estimates for 2.07 billion. Monthly active users…

  • Three Top Tech Picks for New Year 2023

    Three Top Tech Picks for New Year 2023

    Don’t count out tech stocks just yet. According to Jefferies, stocks such as Meta Platforms (META), Alphabet (GOOG), and Uber (UBER) could come back strong on cost-cutting and attractive valuations. The firm currently has a buy rating on all three stocks. The firm also reiterated a $155 price target for Meta stock and a $125…

  • Top Reasons to Own Shares of Matterport Now

    Top Reasons to Own Shares of Matterport Now

    By now, I’m sure you’ve heard of the metaverse. Or, as Meta Platforms’ Mark Zuckerberg puts it, the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One movie,” as…

  • This is Why Nvidia Popped in After Hours Trading

    This is Why Nvidia Popped in After Hours Trading

    Nvidia (NVDA) is up about $5.50 in after-hours. All on news Meta Platforms said it plans to invest more in infrastructure to support its push into digitally immersive experiences. As noted by Bloomberg, “Meta Platforms projected capital spending of $34 billion to $39 billion in 2023, up from $30 billion to $34 billion this year.”…