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        The Cloud Battle Rages On: Tech giants are heading to divergent paths
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        Meta Q3 2023 Earnings Preview: Grab rewards by guessing the opening price!

        Meta is releasing its Q3 2023 earnings on October 25, after the U.S. stock market close.
        How will the market react to the company's quarterly results? Vote your answer to participate!
        Rewards
        ● An equal share of 1,000 points: For mooers who correctly guess the price range of $Meta Platforms(META.US)$'s opening price at 9:30 AM ET Oct 26 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
        (Vote will close on 8:00 AM ET Oct 26)
        ● Exclusive 300 points: For the writer of the top post on analyzing Meta's earnings prospects.
        Meta Q3 2023 Earnings Preview: Grab rewards by guessing the opening price!
        To view the full preview, click here: What Should Investors Know About Upcoming Meta Earnings?
        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.
        Book the Live Earnings Conference:
        Disclaimer: This material is for informational use only and is not a recommendation of any investment and should not be used as the primary basis of any investment decisions. There is no assurance that any estimates or price targets mentioned will occur. Investing involves risks. Past performance is not indicative of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. For AU users: AFSL 224663. All investments carry risks. Consider FSG before applying. Data and information displayed in these images are obtained from independent third-party sources. They do not constitute any financial advice, recommendation or solicitation to acquire or dispose financial products. All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. The reward selection shall be made upon moomoo's sole discretion and determination. Points may be redeemed only through the moomoo app and have no other value. See this link for more information.
        Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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        • ZnWC : Share price change in post market: +3%
          Based on IG, ​​a consensus of estimates the following expectations for the third quarter (Q3) 2023 Meta results:
          ​Revenue $33.566bn (+21.11% y/y)
          ​Earnings per share (EPS) of $3.63 (+221.34% y/y)

          ​Meta Platforms dominates the social media landscape with its app family, including Facebook, Instagram, WhatsApp, and the newly launched Threads. The company generates most of its revenue from selling ads to brands that target its vast user base. ​According to Statista's Market Insights, ad spending on social media is projected to increase from $146 billion to $262 billion by 2028, representing a 79% growth over the next five years.

          ​Meta Platforms is also leveraging artificial intelligence to enhance user engagement and improve advertising capabilities. For instance, the company has developed photo-realistic chatbots modelled after celebrities, such as Kendall Jenner. Advertisers are also being provided with tools to create and optimise their ads more effectively. Meta Platforms believes that these AI tools can save advertisers a significant amount of time and effort.

          Based on the above I think the stock will be bullish after earning announcement. But there are macroeconomics factors such as inflation, Fed rate hike and strong US dollars that may have negative market sentiment.

        • moomooZeski : Survey says....?! $Meta Platforms (META.US)$ = $318.55 (opening} on 10/26/2023.

        • 102362254 : Meta's got a rock-solid advantage thanks to tons of users on Facebook, Instagram, Messenger, and WhatsApp. More people join, and it's like building a castle that's hard for rivals to storm.

          Plus, they have got a treasure trove of data on what users like and do, which helps them make big bucks from ads. With almost 3 billion folks using it monthly, they're set for making money for a long, long time, not just for Meta Q3 2023 earnings.

        • SWC138 70668408 : Meta$ $319

        • yuenet : Good company

        • 殷勤的万斯 : vistas

        • ctsp : Yes

        • SuperNoobPaPa : 317.80 based on pre-opening price.

        • Built : 320 above

        • Tashan Jones : 🤞

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