Meta
Continue to buy METAContinue to buy META as TikTok is likely to be banned from the Apple store! meaning new apple device will no longer have access to the app, nor will there be any updates.
In Addition, there are rumors, retailers have banned together to bypass Apple's tracking restriction by creating a customer influencer database tracking centered around META technology! this technology no longer relies on cookies but on AI on places you have visited and likely to visit.
Meta SELL ShortMY STRATEGY SHORT
More than 190,000 tech-sector employees have lost their jobs since the start of 2023
Meta Platforms Inc. stock underperforms Friday when compared to competitors
The tech giant is trading its ownership of the business-software startup for a minority stake with no guaranteed payment in return
When Meta Platforms closed a deal last year to acquire business-software provider Kustomer for $1 billion, the tech giant had high hopes for how it could integrate the services of the startup.
Meta said the acquisition would enable companies to use its messaging apps for customer service, helping fulfill its longstanding ambition to turn its platforms into e-commerce giants.
The Federal Trade Commission proposed barring Meta Platforms META -0.32%decrease; red down pointing triangle from profiting off data it collects from young users, accusing the company of misleading parents and repeatedly violating a 2020 privacy order.
The FTC action Wednesday represents an unwelcome return to controversy for Meta and its major platforms, including Facebook and Instagram. The company agreed in 2019 to pay a $5 billion civil penalty following a previous FTC investigation into its privacy practices.
“Facebook has repeatedly violated its privacy promises,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in a statement. “The company’s recklessness has put young users at risk, and Facebook needs to answer for its failures.”
The new allegations represent an aggressive move by the FTC, and the company vowed to contest them. Meta has 30 days to formally respond.
A Meta spokesperson termed the FTC action “a political stunt.”
“Despite three years of continual engagement with the FTC around our agreement, they provided no opportunity to discuss this new, totally unprecedented theory,” the spokesperson said. “We have spent vast resources building and implementing an industry-leading privacy program under the terms of our FTC agreement. We will vigorously fight this action and expect to prevail.”
The spokesperson added that the FTC was seeking to “usurp the authority of Congress to set industrywide standards and instead single out one American company.”
Some lawmakers and President Biden have proposed restricting targeted advertising to children. The FTC action could limit Meta’s ability to do that but wouldn’t affect other companies.
As part of the FTC’s proposed sanctions, Meta—which changed its name from Facebook in October 2021—would be prohibited from profiting from data it collects from users under 18. It would also be subject to other new limitations, including on its use of facial-recognition technology, and would be required to provide additional protections for users.
FTC Commissioner Alvaro Bedoya also questioned the agency’s authority to impose the restriction on monetization of kids’ data, saying the connection between the company’s actions and the penalty weren’t clear.
“There are limits to the Commission’s order modification authority,” Mr. Bedoya said in a statement. “Based on the record before me today, I have concerns about whether such a nexus exists” for the limits on use of children’s data. He voted for Wednesday’s action, which was approved on a 3-0 vote, but added that he looks forward to hearing additional arguments and “will consider these issues with an open mind.”
Some Meta critics characterized the FTC move as a long overdue response to a range of harms to kids caused by the company’s products.
“The FTC has rightly recognized Meta simply cannot be trusted with young people’s sensitive data and proposed a remedy in line with Meta’s long history of abuse of children,” said Josh Golin, executive director of Fairplay, a nonprofit that advocates for children’s online privacy.
The agency press release, which specifically cited kids’ data from virtual reality as part of its proposed ban, came less than a month after Meta opened its Horizon Worlds metaverse to teens.
The proposal marks the third time the agency has taken action against the company for failing to protect users’ privacy. The FTC filed a complaint against Facebook in 2011, and obtained an order in 2012 barring the company from misrepresenting its privacy practices.
The FTC later alleged that Facebook violated that order, by engaging in misrepresentations related to the use of millions of Facebook users’ data by a political analytics firm, Cambridge Analytica.
In 2019, Facebook agreed to a second order—which took effect in 2020—resolving claims that it had violated the FTC’s first order. Wednesday’s action alleges that Facebook violated the 2020 order as well. It also accuses the company of violating FTC rules protecting children’s data.
The FTC said on Wednesday that Facebook continued to give third-party app developers access to users’ private information after promising to cut off such access if users had not used those apps in the previous 90 days. In certain circumstances, Facebook continued to allow third-party app developers to access that user data until mid-2020, the FTC said.
In addition, the FTC has asked the company to respond to allegations that, from late 2017 until mid-2019, Facebook misrepresented that parents could control whom their children communicated with through its Messenger Kids product.
The FTC also said an independent third-party assessor, empowered to oversee the company’s privacy protections under the 2020 order, identified several gaps and weaknesses in Facebook’s privacy program.
The proposed changes to the 2020 order, which would apply to Facebook and Meta’s other services such as Instagram, WhatsApp, and Oculus, include a blanket prohibition against monetizing data of children and teens under 18—a provision that aims at the company’s core business of showing ads to users based on what it learns about their interests.
The FTC also wants the company to pause on the launch of new products and services unless it receives written confirmation from the independent assessor that its privacy program is in full compliance with privacy protections.
The FTC would place new limits on future uses of facial-recognition technology. For example, Meta would be required to obtain users’ affirmative consent for any future uses of facial-recognition technology.
AI strategy drives NVDA MSFT GOOG METAAs we navigate through the ever-evolving world of technology, it is becoming increasingly evident that artificial intelligence (AI) is the driving force behind some of the biggest players in the market. Companies such as NVIDIA (NVDA), Microsoft (MSFT), Google (GOOG), and Meta Platforms (META) have all implemented AI strategies that have propelled them to the forefront of their respective industries. In this email, we will explore how these companies are utilizing AI to gain a competitive edge and what it means for their future growth potential. So, buckle up and let's dive into the world of AI and its impact on the stock market.
Additionally, it's crucial to have a long-term investment strategy and to not make emotional decisions based on short-term market fluctuations. It's also wise to diversify your portfolio across different industries and sectors to minimize risk. Seeking the advice of a financial advisor can also be helpful in making informed investment decisions.
Additionally, it's important to have a long-term investment strategy and not make emotional decisions based on short-term market fluctuations. It's also wise to consider factors such as the company's financial health, industry trends, and management team before investing in individual stocks. Diversification is key to managing risk, so it's advisable to have a mix of individual stocks and diversified portfolios in your investment portfolio. Finally, seeking the advice of a financial advisor can help you make informed investment decisions and manage your risk effectively.
Mega stock and what are meta perspectives? 😳In 2022, Facebook NASDAQ:META performed fantastically and fell -76% from its peak!
On the channel, we warned that this was a gift of fate and shares should be bought, because the company still has a huge audience, revenue and profit.
Yes, revenue is no longer growing at a rapid pace, but rather falling from quarter to quarter.
But the company boldly declared that it was changing the concept of business and moving into the creation of the Metaverses.
For half a year, the stock grew by 175% and became the most profitable in the Sp500 index.
What to do with the company now?
It is not yet entirely clear whether the company will be able to realize its plans in the meta world, but the positive action has already played well.
According to technical analysis, there is a slight upside to $290.
It was there that the first gap formed, after which the company began a landslide fall.
The chart does not like emptiness, so we can see the final upward spurt.
But then the stock has downside potential to $136, which is where the strong support is.
At this level, we will decide whether to re-enter the stock.
🔰 Now recommendation: stay away from the action.
You can think of a short, but only with a short stop.
There are more interesting ideas on the market now.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
Overvalued Tech: Time for Tangible Assets & Fair ValuationsThe tech sector, specifically the 'Big Tech' companies have seen massive gains since the massive accumulation in 2010-2014. However, these increases seem disconnected from the companies' actual value or tangible contributions to the real-world economy. Their high price-to-earnings ratios suggest overvaluation and potential for a market correction.
Invest in sectors with real-world utility and reasonable valuations - Allocate capital to sectors like industrials, materials, consumer staples, or healthcare. These sectors provide tangible products and services and often have more reasonable valuations.
1. High Valuations: Tech stocks, in particular, often trade at high multiples of their earnings or revenues. These high valuations can make them more vulnerable to market downturns, as they can fall more dramatically if investors reassess their growth prospects or risk tolerance.
2. (GOOGL, APPL, AMZN, MSFT, META, NVDA, ADBE, and TSLA) all represent a significant portion of the SNP-500 index due to their large market capitalizations.
3. So, in a S&P-500 meltdown , these tech companies could potentially see significant declines in their stock prices due to these factors. However, it's important to remember that the specifics would depend on a wide range of factors, including the reasons for the market downturn, the companies' financial health and growth prospects, and overall investor sentiment.
4. I would choose Tesla as the only pick out of all 8 as this company has shown lots of potential compared to our tech giants of the now. Even with the upbringing of AI it is not enough to save google or meta, but Apple and Microsoft might hold up strong as they are largest caps.
5.
Google (Alphabet) : ~$1.5 trillion
Apple Inc. (AAPL): ~$2.5 trillion
Amazon (AMZN): ~$1.7 trillion
Microsoft (MSFT): ~$2.2 trillion
Meta Platforms : ~$1 trillion
NVIDIA (NVDA): ~$500 billion
Adobe (ADBE): ~$300 billion
Tesla (TSLA): ~$800 billion
TOTAL = 10 Trillion roughly
META levels for options tradingMETA daily and hourly
Holding the 9EMA pretty well on the daily and consolidating in a tight range. watching this little pattern on the hourly ping pong back and forth. I have eyes on 236-237 as a resistance and 230 zone as support. Watching for which side breaks first, until then can trade the range in between.
META BULLISH SCENARIO CONTINUATION META has a lot to recover to previous heights and has been doing well since November of 2022. The 380-level target is still far away, but the growth recovery rate is impressive for the past 6 months. Those typical for the stock earnings gaps might deliver father, due to the monetization model of all the platforms developed by the technological giant. Research shows from the 21 minutes average spent by the user in 2018 this number has nearly doubled to 39, which means boosting the monetization model, advertisement, engagements, etc.
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META Showing massive recovery and upside new target!Reverse Cup and Handle formed on Meta Platforms.
Price has once again gapped up on the daily 13% up for the day.
This was after the Earnings report came out strong, and after Mark Zuckerberg said he will be focussing his efforts more on AI this year than the Metaverse.
The indicators are looking sexy.
7>21 Price >200
RSI>50
So my first target for Meta will be at $355.12
SMC:
Below the handle of the Cup and Handle, is a strong Sell Side Liquidity (Order Block). This is where Smart Money comes in sweeps selling (Shorters entry and Longers stops). Then SM sweeps the selling, buys into it and BOOM away and up it goes. Very bullish in my opinion.
MY OPINION
THERE ARE A FEW REASONS Why I think the world isn't ready for Virtual Reality to the extent Meta aims for:
High Cost: VR technology can be expensive, and not everyone can afford it. Looking at the price of Oculus 2 - it's not for the average joe.
Limited Accessibility: While VR technology is becoming more accessible, not everyone has access to the necessary equipment or space to use it.
Motion Sickness: Some people may experience motion sickness or other discomfort while using VR technology.
Time: Right now VR headsets lasts for around 2 hours. Then needs charging. This isn't conducive for learning environments.
Weight: Have you put on an Oculus 2 headset? It's very heavy and cumbersome. We don't all have the strength to wear these things.
PS: I do have an Oculus 2 and I absolutely love and support the movements. Ever since Samsung VR headset came out, I've been obsessed.
Lack of Content: Despite growing interest in VR technology, there is still a limited amount of quality VR content available. Unfortunately, the target is on gaming, fitness and maybe socials. I still think there is a massive opportunity for more educational content, games, apps and learning material that VR can offer. I remember EDUVR - not sure what happened to it.
Limited Realism: While VR technology has come a long way, some people may still find it lacking in terms of realism. Unfortunately, people still have the stigma of wanting to be in the real world versus on a screen. This is the same way they acted when computers came out. Also when the internet came, they were hesitant and only "nerds" went on.
Social Isolation: VR experiences can be isolating, with users often cut off from the real world.
Learning Curve: VR technology can be complex, and some people may be hesitant to invest the time needed to learn how to use it properly. Just like it's difficult to teach older generations how new Smart Phones and Smart TVs work, it is similar to VR technology.
Lack of Compatibility: Different VR systems may not be compatible with each other, which could limit the ability to share experiences across platforms or devices.
Look before you know it, VR and AR will take over the world and everyone will be using it in some way or form. Maybe not in the next couple of years, but DEFINITELY in the future.
META running to $250+As we analyze the 4 hour chart of META it has produced a beautiful channel and producing very good opportunities to buy off the channel lines both long and short from the top of the channel and also the bottom.... I am going to stay bullish on META and the trend and see price heading over 250 dollars... IF there is any sign of weakness we will get ready to draw our (white channel) and get ready for downside.. until then "the trend is your friend"...
Meta Platforms Stock Soars Despite Weak Business PerformanceCan you believe it? Meta Platforms stock has risen by over 70% this year, outpacing the S&P 500's 7.5% growth over the same period. At first glance, it might seem like everything is going great for Meta, right? However, the reality is a bit different. In the fourth quarter, Meta reported a 4% decline in year-over-year earnings, and analysts predict that there will be another decline in the first quarter (which we'll find out on Wednesday). So, why is the stock rising so quickly despite the weak business performance?
Well, there are a couple of reasons. First, at the beginning of the year, the stock had a very low valuation, with a price-to-earnings ratio of about 10. Analysts expected the company to have double-digit growth in earnings per share over the next five years, but the low valuation didn't reflect this. The recent surge in the stock price has brought it more in line with analysts' expectations, so you could say that the stock has adjusted to a more rational valuation.
The second reason for the stock's growth is the cost-cutting efforts by Facebook, Meta's parent company. Mark Zuckerberg has made "a year of efficiency" his top management theme for 2023, and the cost reductions are expected to lead to significant earnings growth during the year, which investors believe will boost profits and support the stock's current valuation.
However, it's worth noting that Meta has continued to post disappointing results since 2021, and the stock is still down from its all-time highs. Meta's business is still facing considerable uncertainty, and there are questions about the company's long-term margin profile and sustainability. The volatility of the social media company's cost structure over the past few years also makes it difficult to predict earnings changes over the long term.
While the recent stock price increase is good news for Meta shareholders, it also means that the stakes are higher for the company to do exceptionally well going forward. Investors will be looking for more information about the company's long-term margin profile and the sustainability of its business when Meta presents its first-quarter results on Wednesday.
NASDAQ - Expecting a deeper pullbackHi there, traders!
After yesterday’s drop, the U.S. stock market got a breather on Tuesday evening as Big Tech earnings began to roll out, led by better than expected reports for Google and Microsoft.
Looking at things from a technical perspective, we do anticipate the price to continue dropping today due to some key trends on the Daily and 4H timeframes. If we see a consolidation underneath the 4H trendline, it’s likely that the price will continue to drop.
Remember, today is an important day for earnings reports, with Boeing reporting before the opening bell, and Meta and eBay set to report after the market closes. These reports have the potential to move the market, so keep an eye out!
We’ll be keeping a close watch on everything and will update you in the section below if anything changes. And as always, trade with care and let us know if you have any questions or concerns!
$SPY pre-market Resistance Rejection | $QQQ megaphone | $META ER- AMEX:SPY rejected from its pre-market highs and couldn't get over it then bears took over.
- NASDAQ:QQQ forming another megaphone pattern on 4h time frame
- NASDAQ:META Beat bullish earnings reaction
- NASDAQ:GOOGL fades all of its earnings gains and went red NASDAQ:MSFT held its gains.
- NASDAQ:AMZN earnings report tomorrow AH
$QQQ Watch for a Key BreakNASDAQ:QQQ eyes on tech earnings (MSFT, META) this week. PA distributing like SPY between critical levels, but currently looking bearish after failing to break out of pennant. Both need to break respective pivot points for continued downside pressure to bottom TL.
Positioning: LT Short