Big-Tech’s PerformanceRate cuts continue to heat up and the broader market continues to hit new highs.U.S. final Q2 GDP maintained its preliminary 3% growth, which was slightly ahead of expectations, and the jobless claims data came in slightly below expectations, so the short-term probability of a soft landing looks higher.Risk assets other than big tech started to rally this week, including stock markets in Japan, India, Singapore, and even China that are counting on the benefits of the Fed's rate cut. $iShares China Large-Cap ETF(FXI)$Big Tech also continued its upward momentum amidst the shocks due to solid fundamentals, strong buybacks, and the catalyst of events like the Robotaxi Event.Through the close of trading on September 26, Big Tech ha

In a few weeks’ time, $Meta Platforms, Inc.(META)$ is set to be hit with its first EU antitrust fine for tying classified advertisements service Marketplace with its Facebook social network, according to people with direct knowledge of the matter. The move by the European Commission will come more than a year and a half after it accused the US tech giant of giving its classified ads service Facebook Marketplace an unfair advantage by bundling the two services together. The EU competition watchdog also said Meta abused its dominance by unilaterally imposing unfair trading conditions on competing online classified ads services that advertise on Facebook or Instagram. Penalty & Fines. Meta could face a fine of as much as $13.4 billion or 10% of i

Overview:  The advertising landscape is witnessing a significant shift as Reddit Inc. $Reddit(RDDT)$  , six months into its life as a publicly traded company, starts to attract advertisers by offering a unique approach to targeted ads. While Meta Platforms Inc. $Meta Platforms, Inc.(META)$  and other tech giants like Alphabet’s Google $Alphabet(GOOG)$  and Amazon $Amazon.com(AMZN)$   rely heavily on user identities and personal data for ad targeting, Reddit takes a different path, focusing on users' interests through its extensive

Overview: Market Resilience Amidst Uncertainty  Global markets are navigating a complex environment characterized by inflationary pressures, central bank policies, and geopolitical tensions. Despite these challenges, the tech sector continues to demonstrate resilience, with AI advancements leading the charge. Investors remain focused on companies that are not just weathering the storm but are positioned to thrive in the evolving digital economy. Meta Platforms $Meta Platforms, Inc.(META)$  , the parent company of Facebook, is at the forefront of this transformation, particularly with its advancements in artificial intelligence. Llama AI: Driving Adoption and Innovation  Meta's latest AI model, Llama, has gained significant trac

$Meta Platforms(META)$   # Meta: Introducing the Next Evolution in Social Technology Meta, formerly known as Facebook, is a technology company that is shifting its focus towards building the "metaverse" - a hybrid of today's online social experiences that will allow people to share immersive experiences even when they can't be together physically. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/) The metaverse will go beyond 2D screens and expand into 3D virtual and augmented reality, enabling new ways for people to connect, find communities, and grow businesses. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/) It will allow users to do things together that wouldn't be possible in the physical w

$Meta Platforms, Inc.(META)$ $NVIDIA Corp(NVDA)$ 🚨📰🗞️🚨📰🗞️ Facebook $META is trading at new ALL TIME HIGHS following the Connect event! Facebook $META is trading at new ALL TIME HIGHS following the Connect event! Mark Zuckerberg just unveiled the most advanced glasses the world has ever seen with “Orion” the prototype for its upcoming AR Glasses. Mark Zuckerberg just unveiled the $META Quest 3S which will sell at $299.99. $META's Mark Zuckerberg featured $NVDA's CEO Jensen Huang in the hype video, giving him a first-hand look at their upcoming AR Glasses and the future of AR tech. Mark Zuckerberg $META just said Instagram Reels will now start automatically dubbing content. Mark Zuckerberg $META just said M

Overview: Global markets are currently navigating a landscape of mixed signals, with inflation concerns, interest rate fluctuations, and geopolitical tensions creating a volatile environment. While traditional safe-haven assets like gold and U.S. bonds continue to attract investors, the tech sector, particularly companies like Meta Platforms, is making strategic shifts that could redefine their market position. Amidst this backdrop, Meta’s $Meta Platforms, Inc.(META)$  decision to close its augmented reality (AR) studio to focus on artificial intelligence (AI) signals a significant pivot in its business strategy. Meta’s Strategic Shift: Meta Platforms is closing its Meta Spark AR studio by January 2025 to reallo

This week had a number of important AI announcements. $Meta Platforms, Inc.(META)$ released Llama 3.1. OpenAI announced SearchGPT, their $Alphabet(GOOG)$ $Alphabet(GOOGL)$ / Perplexity competitor. Mistral announced Mistral Large 2, their newest flagship model. The rate of innovation in the AI markets is staggering, and a reminder that it’s really hard for anyone (big companies especially) to “fully commit” to an AI strategy or vendor. They know they need something, but hard to make anything super concrete. The foundational tectonic plates are still shifting so rapidly that fully committing to anything would be premature. So instead, companies are looking to avo

$Meta Platforms(META)$   Here’s a meta introduction focused on Facebook (now branded as Meta), highlighting its significance, evolution, and the themes that may be explored regarding the platform and its parent company: ### Meta Introduction: Facebook (Meta) --- Welcome to our in-depth exploration of Facebook, now known as Meta, a social media giant that has transformed the way people connect, communicate, and share information globally. This introduction aims to provide context for our discussion, outlining what you can expect as we delve into the intricate world of Facebook and its broader implications. I am a digital communications expert with a keen interest in social media dynamics and their impact on society. My goal is to shed lig

$Meta Platforms, Inc.(META)$   Meta Platforms: Compelling Story With A Reasonable Valuation Meta Platforms is recommended as a buy due to its AI success, attractive valuation, clean balance sheet, and potential in VR technology. Recent earnings showed strong growth with a 22% revenue increase and 73% EPS growth, driven by effective cost management and AI investments. META's AI-driven advertising tools, like Advantage+, enhance advertiser returns and position Meta to capture more digital advertising spend. Despite risks from AI investments and Reality Labs losses, Meta's core business remains highly profitable, making it a compelling investment. Meta's AI initiatives are increasing user engagement and ad profitability, while maintaining

$Snap Inc(SNAP)$ plummeted 23% after the earnings report as both the quarterly results and full-year guidance fell short of market expectations, in stark contrast to the previous day's industry leader, $Meta Platforms, Inc.(META)$ .Q2 ReviewsActive Users: Daily Active Users (DAUs) grew 9% to 432 million, slightly higher than the 431.2 million expected; Monthly Active Users (MAUs) surpassed the 850 million mark, demonstrating the continued expansion of the user base.Revenue: reached $1.237 billion, achieving 16% revenue growth, but still below Wall Street analysts' expectations of 17% growth,.Advertising business performance: Snap's advertising business continued to perform well, with the number of active

$Meta Platforms, Inc.(META)$ $NVIDIA Corp(NVDA)$ 🚨📰🗞️ Mark Zuckerberg just unveiled the most advanced glasses the world has ever seen with “Orion” the prototype for its upcoming AR Glasses Mark Zuckerberg and $META got Jensen Huang to try out their upcoming AR Glasses 👀 @Tiger_comments @TigerStars @TigerPicks @Daily_Discussion @TigerPM @TigerWire 

TigerGPT Answer: ### Meta Platforms, Inc. (META) Q2 2024 Earnings Call Summary #### Forecast Data - **Earnings Per Share (EPS):** $4.72 - **Prior Year (Q2 2023):** $2.98 - **Percentage Change:** +58.39% - **Significance:** A significant increase in EPS indicates improved profitability and operational efficiency. - **Total Revenue:** $38,286,200,240 - **Prior Year (Q2 2023):** $31,999,000,000 - **Percentage Change:** +19.64% - **Significance:** A substantial increase in revenue suggests strong business growth and market demand. - **EBIT (Earnings Before Interest and Taxes):** $14,569,817,280 - **Prior Year (Q2 2023):** $9,392,000,000 - **Percentage Change:** +55.12% - **Significance:** A notable rise in EBIT reflects better operational perfor

Politics indeed shows its murky side again with this situation. It's ironic to see Zuckerberg's current position, especially considering his previous clashes with Trump were fresh in everyone's mind. The letter feels more like a strategic move rather than a genuine stance, as Zuckerberg seems to be saving himself or taking preventive measures. This shows his speculative nature and adaptability to the changing political landscape. It's also hard to ignore that neither Zuckerberg nor Trump can be considered models of integrity in this context. One is accused of leveraging public power for personal gain, while the other appears to be maneuvering to avoid backlash from whichever side takes power. However, it's worth noting that the upcoming election isn't a foregone conclusion for Trump. The p

$Meta Platforms, Inc.(META)$ What a breakthrough!Celebrity AI chatbot voices. Just what the world needs from one of the companies that has been touting AI as the greatest thing the world has ever seen. I am so glad we are using the "touted" world-changing abilities of AI to bring celebrity chat voices into the fold.

$Meta Platforms, Inc.(META)$  🚀📈✨ Meta Met Its Match! $META Targets Reached! ✨📈🚀 Kia ora Tiger traders! Meta (META) surged today, meeting most of its targets. As we soar towards the psychological barrier of $500, let's break down the action: 🔹 Current Price: $500.38 (+5.18%) 🚀💰 🔹 Key Resistance: $500 – This psychological level is crucial. Will it hold or break? 💥🔮 📊 Technical Analysis: 📉📈 - The chart shows a strong bullish trend with targets reached, but $500 remains a significant resistance. 📊💪 - Support levels are around $492 and $484. 📉🛡️ 🔍 Analyst Ratings: 🧑‍💼📈 - Buy: 🟢 32 🤑 - Hold: 🟡 18 🤔 - Sell: 🔴 5 😱 🔝 Competitors: ⚔️🏆 1. Apple (AAPL): 🟢 30 🟡 20 🔴 3 🍎 2. Amazon (AMZN): 🟢 28 🟡 22 🔴 4 📦 3. Google (GOOGL): 🟢 29 🟡 21 🔴 2 🌐 💡 Fun Fact: 🤓 Di

$Meta Platforms, Inc.(META)$ Meta's recent launch event may not meet expectations, which might lead to further declines in their stock. Honestly, I'm a bit puzzled about why they decided to showcase a prototype. Is it just a way to create hype without delivering real results?