$Meta Platforms, Inc.(META)$ has delivered a strong second-quarter earnings report, surpassing revenue and profit expectations. This has sent the stock price soaring in after-hours and premarket trading. While this is undoubtedly positive news, I believe a more nuanced analysis is needed. Meta's ability to double its quarterly profit from last year is impressive, especially considering the ongoing challenges faced by the tech industry. This demonstrates the company's resilience and ability to navigate a complex operating environment. The company's focus on core business operations seems to be paying off. By streamlining expenses and prioritizing growth areas, Meta has managed to improve profitability. This indicates a mature approach to business m
Meta Quest 3S Launch: Sell the News or Catch the Rally?
At its Connect conference, Meta unveiled the latest generation of its VR headset. Quest 3S will be available on October 15, with a starting price of $299, lower than the $499 starting price of the Quest 3 in 2023. A Meta representative explained that the "S" in Quest 3S stands for "Start," signifying that this device aims to make VR more accessible to the general consumer. ---------------- With Meta hitting all-time-high in yesterday's trading, would you sell the news or catch the rally of Meta?
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