META Q2 Earnings Preview: Grab rewards by guessing the opening price!
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Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$Meta Platforms (META.US)$ is releasing its Q2 earnings on July 31 after the bell. Unlock insights with META Earnings Hub>>
Since its Q1 earnings release, shares of $Meta Platforms (META.US)$ have seen an decrease of 8.03%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Meta Platforms (META.US)$'s opening price at 9:30 ET August 1 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 6:00 ET August 1)
● Exclusive 300 points: For the writer of the top post on analyzing $Meta Platforms (META.US)$'s earnings prospects.
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
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102362254 : Meta is expected to report higher revenue and earnings in Q2 2024 compared to last year. They anticipate significant growth in both. Analysts foresee Meta's ad revenue increasing due to a stronger ad market, the popularity of Instagram Reels, and new tools for advertisers. Meta also launched the Llama 3.1 AI model recently. Analysts believe it could become a widely used AI assistant soon. Hope to hear updates about Meta's plans to invest more in AI.
mr_cashcow : Let's dive into some key Meta Q2 2024 earnings prospects:
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
▲Revenue Expectations: Both revenue & EPS are projected to exceed expectations. Projected revenues to be between $36.5~$39 billion representing an 18% year-over-year growth, which is impressive to say the least
▲Advertising performance continues to increase
▲User engagement metrics continue to increase
▲AI integration across all meta platforms: Major contribution to strong financial results
▼High capital expenses driven by investments in AI
▼Technical Analysis: Meta's share price has been able to ride the AI tech frenzy to new heights in 2024, but a bearish direction occurred in July after hitting $542.81 high, indicating a possible correction/pullback
Disclaimer: All the above info are purely for educational purposes and are NOT financial advises. Please, DYOR/DD
Yea : 453-463
70785290 :
New93 : they are awesome
Ocean0715 : Stable
71391098 : trend
careful Beaver_5781 : META goes higher
heat miser : place a betta buy some meta
Finalflash84 : Rebound
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