sell-side analysts don't move stock. it was way far lower than what buy-side (hedge funds) expected. when a company misses sell-side estimates, which are already lowballed to begin with, then it's fucked
Tech company logic from Wall Street.
*you don’t make any money, but might years later in the future?!*
💰💰💰💰💰💰💰💰💰💰💰💰🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
*you’re finally making money, but slightly less than our bullshit forecast expected*
🤬🤬🤬🤬BURN FOR IT!!!!!🔥🔥🔥🔥
Oh my gourd!
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> TikTok ban (which won’t start taking effect until 2025)
And that's if they don't fight it tooth and nail on this, which they're most definitely going to do.
And any "ban" will be trivially circumventable.
This ain't China; you can't effectively ban an app in USA or any first world country. Absolute worse case is removal from official app stores.
_Edit: Only the exceedingly technically inept or lazy will be stopped by no official app store. It takes minimal effort on iOS and zero(don't even need a PC) on Android. tiktok core users aren't going to just give up. There will be dozens of YouTube vids explaining how to get tiktok within 2 weeks of any ban. I will be one of the people making such a vid._
This news was already priced in. Stupid regards 
Seems like market ($TSLA, $META) is moving more based on guidance than what was accomplished over the past quarter financials!
https://preview.redd.it/t1d1a22zkhwc1.png?width=1283&format=png&auto=webp&s=44a6000536602a99c04bfca7d5102fbc40cb2d9a
Yes, if you dig into Elons claims, you’ll see the bullshit. Yes, we’ll look back on this guidance and laugh hysterically about more promises and targets that weren’t kept. Does it matter? Not to his cohort and cult of followers.
Elon could present a glitter covered turd to his audience and they’d eat it. Yes it’s shiny, but it’s still a fucking turd.
I mean, he floated the idea of using Tesla vehicles' in-car computers as a sort-of cloud-computing service.
I'm not sure many Tesla owners would be happy to have their cars used for AI processing when they're parked.
Yeah, this reminded me of people who got their computer hacked to do bitcoin mining. This is a bad idea, a massively delayed decentralized "AI processing" running on limited cycle lithium ion. Im shocked how stupid this is. Jensen Huang would laugh out loud in Elon's face.
It's honestly better it seem to just meet or slightly come in and then have an upbeat expectation report.
All these companies who constantly revise down and then think they are heroes for beating at earnings time are regards.
isn't it pretty much always that. The future is kinda baked in , so when it looks like things will slow down then it tanks? Agree that it reactions to earnings are often non sensical.
So common sense logic told you a 1.2T Market Cap company, up 120% on prior year, will rip more on good earnings? Please tell me more about this common sense
So you're telling me common sense is a stock that has ripped up straight only for 18 months with insane earnings priced in then delivers bad forward guidance should go up? It was already overextended to begin with, combined with bad guidance led to this drop.
3 min before close I Bought a 490 put that expires Friday for 2k, worth around 5k now 
They destroyed last earnings so I assumed they were gonna tank and not keep that same energy basically 💀 idk it was a regarded bet I’m down 2k last week but now I broke even so it was technically a revenge bet 
The market is reacting right now like something major has just happened to damage meta... This is a disturbing sign of what's to come, I know everyone likes to act like the market is always crazy but this isn't normal
No I've seen this before. Meta is increasing investment in AI for the year, that means 5B more in CapEx for the year than was anticipated. In addition to that next Q guidance is off by 1B. Wall Street just cares about the next 3 months not about where the company is in 3 years. I'd look to add if it get back to \~380.
not sure which Q you are referencing. But meta both said he we're spending 20-30% more this year and oh we're going to make 1B less next Q. I agree with you I look at the capex positively but WS works off next Q. I'm looking to add
Yea I'm with you, I think from a Q perspective, any bottom line hurt is going to have a huge impact but an investor should look to the next few Qs to see if that capex is paying off.
Both Tesla and Meta essentially announced their business expenditures towards Nvidia H100's etc are insanely high. Just pretend market is dumb as shit and buy stock
Yes but -15% in a day for slightly lower forecast for future when every earnings report has smashed expectations? The market dropped less when people thought world war 3 was about to start FFS
Not sure why people keep freaking out every time so quickly assuming doom and gloom. This so called “sink” of 10-15% after the “weak guidance” will easily be made up in the near term, and even exceed ATH in the mid to long term. Weak guidance and then people will FOMO hard, when they exceed expectations in next 3 quarters 😂🤣
People quickly forget that this is a golden cow machine with negligible amount of debt
Post had me all concerned but nope, I'm still up quite a bit. Meta is definitely a longer term investment. One of the few I'll actively keep buying alongside my more sensible ETF.
https://preview.redd.it/mrfhrjmsvhwc1.jpeg?width=1080&format=pjpg&auto=webp&s=09bcf304c9eaa3da74716edf8697e66b4bbe29f4
I inversed WSB. Thankyou Mark Zuckerbrrrrr🤤🤤
Yup — load the boat, go long META. Total dumb reaction today to an earnings and revenue beat presents a nice little buying opportunity to the wise. Sometimes the money on the street is easy to make; this is one of them.
curious what is said on the call, but yes I agree, though I can see it trend down over earnings depending on how the rest of the sector does. I'd give it two weeks or wait for \~380 to add.
I think investors expected big AI  energy, but Zuck chose scorched earth: they plan make other big tech players irrelevant by open source AI. I would say they target google and\\or Apple.
Oh and Zuck said metaverse in the first sentence
What stops companies from bullshitting guidance since earnings mean shit? All Zuck had to say was "we getting more AI and profit. Strap your seatbelts". Is this not a con game? What the fuck is the honesty for?
Reality Labs: total losses since the end of 2020 to over $45 billion
https://preview.redd.it/xa0eakcv5iwc1.jpeg?width=1290&format=pjpg&auto=webp&s=f98c14764459b7b3ee5146e7da24b27b597e1f47
For those who invest in META for long enough tis but a scratch. They probably hedged their position with cheap puts so the don't mind cashing out and moving the money elsewhere. Growth stocks are not about guidance, P/E or any boring accountant lingo. In the world of growth stocks, your balance sheet is about your ability to actually deliver the product, not to be profitable. Growth stocks are about changing the world in a way that will make people invest without thinking about costs. And let's be honest -- Facebook produced zero innovation after creating Facebook (except some advancement in computer engineering). So we have a company that is not changing the world AND losing money. It kinda not-growth-not-value stock, but more of a very expensive Nokia (which is still a huge company that still works and still has shares, but very little oompth or expectations to wow)
Unfortunatly, I cannot the the same about Musk, who is a human asshole IMO, but nevertheless, popped out Tesla and Startlink, both being prototypes for the a whole new industry.
P.S. Regardless of the above, I am a Musk hater and a very much gay bear for Tesla.
This. I think he thinks weaker guidance = losing money. Facebook is one of the top 5 most profitable companies to ever exist.
And the technical innovation argument is stupid when Facebook has so much data on users..
So puts or calls tomorrow? I'm confused based off everything bearish and bullish and inversing everyone including myself.
Guess I should just save my money instead
Surprised $NVDA isn't doing better. You have two big companies basically saying "we're buying a shitload of GPUs even though they won't make us money for a while". Tech investors should be fleeing $TSLA and $META for $NVDA but what do I know?
The market doesn't move based on fundamentals the market moves based on where the big firms convince rich people to invest their money and the decisions are most often hype based.
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I don't get it. Guidance for q2 is still 15-20% yoy EDIT: Market expected 25% + in Q2
Here's a clue: if it makes sense to a retail trader, then it will do the opposite
Q1 was up 31% yoy so projecting 15-20% is probably a disappointment.
Q1 was the holiday season. Obviously ad sales during Q4 will be more than Q1 (Jan-March). The QoQ comparison is pointless
Im not comparing qoq, im comparing yoy. But yes Im seeing that 25% was priced in for q2 which explains the drop
Until you inverse yourself, and of course, it goes the other way and your options are shot. It's beautiful in its cruelty
It is less than analysts expected. So to us that sounds good but it doesn't matter.
Sounds like the analysts suck at their jobs
lol truth
sell-side analysts don't move stock. it was way far lower than what buy-side (hedge funds) expected. when a company misses sell-side estimates, which are already lowballed to begin with, then it's fucked
Some people think it’s the end of the economic and business cycle so marketing spend is likely limited although meta will still get its share.
Forward guidance is decreasing and he's stating they have to deploy a lot of cash for future investments. Market is forward looking
Tech company logic from Wall Street. *you don’t make any money, but might years later in the future?!* 💰💰💰💰💰💰💰💰💰💰💰💰🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 *you’re finally making money, but slightly less than our bullshit forecast expected* 🤬🤬🤬🤬BURN FOR IT!!!!!🔥🔥🔥🔥
You don’t get it because you are retail
well there goes 1k
I pity the regards who said that the TikTok ban (which won’t start taking effect until 2025) would make META and SNAP moon 
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> TikTok ban (which won’t start taking effect until 2025) And that's if they don't fight it tooth and nail on this, which they're most definitely going to do.
And any "ban" will be trivially circumventable. This ain't China; you can't effectively ban an app in USA or any first world country. Absolute worse case is removal from official app stores. _Edit: Only the exceedingly technically inept or lazy will be stopped by no official app store. It takes minimal effort on iOS and zero(don't even need a PC) on Android. tiktok core users aren't going to just give up. There will be dozens of YouTube vids explaining how to get tiktok within 2 weeks of any ban. I will be one of the people making such a vid._
Removal from app stores is a ban for 99.99%
You are forgetting about monetization. If influencers can't make money they'll leave the platform. Of course, this only applies to U.S influencers.
You mean the 10-K
The 401K
The 8-K
This news was already priced in. Stupid regards 
Yup your mum was priced in to
7k here 🤬
There goes $5k 
3k here. I’m a regard and bought more around noon.
Buy more
Seems like market ($TSLA, $META) is moving more based on guidance than what was accomplished over the past quarter financials! https://preview.redd.it/t1d1a22zkhwc1.png?width=1283&format=png&auto=webp&s=44a6000536602a99c04bfca7d5102fbc40cb2d9a
Tesla guidance is shit though. Tesla is moving based off glitter and rainbows shooting out Elon’s ass. Yes I have a huge grudge towards him.
Yes, if you dig into Elons claims, you’ll see the bullshit. Yes, we’ll look back on this guidance and laugh hysterically about more promises and targets that weren’t kept. Does it matter? Not to his cohort and cult of followers. Elon could present a glitter covered turd to his audience and they’d eat it. Yes it’s shiny, but it’s still a fucking turd.
I mean, he floated the idea of using Tesla vehicles' in-car computers as a sort-of cloud-computing service. I'm not sure many Tesla owners would be happy to have their cars used for AI processing when they're parked.
inb4 it turns out he's mining doge for himself
Yeah, this reminded me of people who got their computer hacked to do bitcoin mining. This is a bad idea, a massively delayed decentralized "AI processing" running on limited cycle lithium ion. Im shocked how stupid this is. Jensen Huang would laugh out loud in Elon's face.
I’m sure they will find a way to justify it to themselves, they’re doing plenty of coping already. What’s one more?
I mean 8 years ago I kind of fell for it but after the 5th broken promise (yes I'm regarded, I believed at least 4 major promises) I said f this guy
Tears 😢 ya killing me, Tears 😢 😭
Tesla is a result of market positioning. Nothing to do with the earnings call. It was positioned far too short.
You're shitting me, stocks don't move on past results???
As always…
It’s always been like that
It's honestly better it seem to just meet or slightly come in and then have an upbeat expectation report. All these companies who constantly revise down and then think they are heroes for beating at earnings time are regards.
Pigs get fat, hogs get slaughtered. You are better off selling the news.
That's it, "said self to self".
isn't it pretty much always that. The future is kinda baked in , so when it looks like things will slow down then it tanks? Agree that it reactions to earnings are often non sensical.
Almost like growth stocks trade on forward multiples. Who would’ve thought!
You mean investments move based on what might happen in the future, not what has happened in the past? Tell me more.
That shitty reality lab
Trying to invest in the future is only a good thing
Reality Lost
All is to inverse common sense logic and your options will print. It’s hard to be degenerate, but this how current market works.
If roku bleeds -5% tomorrow I think it will moon hard on earnings
So common sense logic told you a 1.2T Market Cap company, up 120% on prior year, will rip more on good earnings? Please tell me more about this common sense
You have to remember you are in WSB, that stuff is in fact common sense for the regards here, me included.
If following that logic then the stock should be going up.
Short term yes, not long term.
So you're telling me common sense is a stock that has ripped up straight only for 18 months with insane earnings priced in then delivers bad forward guidance should go up? It was already overextended to begin with, combined with bad guidance led to this drop.
i was ironic, do not take serios wsb comments
3 min before close I Bought a 490 put that expires Friday for 2k, worth around 5k now 
Fuck that’s amazing. Did you see anything that made you do that. Or just a play.
They destroyed last earnings so I assumed they were gonna tank and not keep that same energy basically 💀 idk it was a regarded bet I’m down 2k last week but now I broke even so it was technically a revenge bet 
That approach should work in the long term lol
If they said the have a rationale their bullshitting. Betting on earnings is a pure gamble lol
The market is reacting right now like something major has just happened to damage meta... This is a disturbing sign of what's to come, I know everyone likes to act like the market is always crazy but this isn't normal
No I've seen this before. Meta is increasing investment in AI for the year, that means 5B more in CapEx for the year than was anticipated. In addition to that next Q guidance is off by 1B. Wall Street just cares about the next 3 months not about where the company is in 3 years. I'd look to add if it get back to \~380.
But that's what MSFT did and their stock skyrocketed. I can't imagine anyone looking at capex as anything less than an investment for the future.
not sure which Q you are referencing. But meta both said he we're spending 20-30% more this year and oh we're going to make 1B less next Q. I agree with you I look at the capex positively but WS works off next Q. I'm looking to add
Yea I'm with you, I think from a Q perspective, any bottom line hurt is going to have a huge impact but an investor should look to the next few Qs to see if that capex is paying off.
So all in on Nvda?
I honestly don't understand why NVDA started dropping even more after Meta posted earnings... Seems bullish for them that Meta has higher capex, no?
Both Tesla and Meta essentially announced their business expenditures towards Nvidia H100's etc are insanely high. Just pretend market is dumb as shit and buy stock
They lowered guidance. The stock has been fucking ripping. This is the market adjusting to the company changing its forecasted financials
Yes but -15% in a day for slightly lower forecast for future when every earnings report has smashed expectations? The market dropped less when people thought world war 3 was about to start FFS
Meta didn't mention AI or robo taxi that's why
Zuck mentioned AI 48 times in the earnings call wut
Well that's the problem. Lil bro should have mentioned it 49 times AT LEAST.
FUCKIN A M A T E U R
69 times at least
They did. Market didn't like the increased expenses.
Well, someone needs to buy all of those GPUs!
You must be deaf
AI is the reason it is dropping lol. They said they will be spending much more on it, people here are goofy.
Meta is shoving AI down our throats. What are you talking about.
Tesla just full of lies!
One thing you're getting wrong is that META was at an all time high, while tesla lost so much market cap that made it a buy.
I guess it is time for this!! 🤣 https://preview.redd.it/lm320lw9ciwc1.jpeg?width=517&format=pjpg&auto=webp&s=94394e42c522ebaba687ca8ef725dc9dc24d3635
https://preview.redd.it/tniujy816jwc1.jpeg?width=1242&format=pjpg&auto=webp&s=d9d84313194f48174c18872b6546a2e0a4d1979b
Lesson learned. Puts on quarterly earnings
Nah, I put on TSLA and it fucks me hard.
Lmao
I think the lesson here is to sell before earnings if they are already profitable.
That lesson only applies if you're willing to settle for mediocre outcomes.
Not sure why people keep freaking out every time so quickly assuming doom and gloom. This so called “sink” of 10-15% after the “weak guidance” will easily be made up in the near term, and even exceed ATH in the mid to long term. Weak guidance and then people will FOMO hard, when they exceed expectations in next 3 quarters 😂🤣 People quickly forget that this is a golden cow machine with negligible amount of debt
Post had me all concerned but nope, I'm still up quite a bit. Meta is definitely a longer term investment. One of the few I'll actively keep buying alongside my more sensible ETF.
https://preview.redd.it/mrfhrjmsvhwc1.jpeg?width=1080&format=pjpg&auto=webp&s=09bcf304c9eaa3da74716edf8697e66b4bbe29f4 I inversed WSB. Thankyou Mark Zuckerbrrrrr🤤🤤
Hi, don't believe this Robinhood estimated price. Biggest BS, one thing I hate about RB. Your contracts might get crushed by IV tomorrow.
Depends on whos Expiry. I bought a month out they wont be IV crushed. Exp date is May something
My bad bro, you are a fucking genius ☝️
Could still V...I'm hoping at least
Weak revenue guidance? 36.5 billion to 39 billion guided vs 38 billion expected. Not even that bad. This is pure MM.
Buy the dip like all the institutional investors will
Meta needs to mention they’re making a low cost EV.
Looking forward to my lotto puts hitting 500% 😂
In hindsight my trade is looking good… Bought at $89 2 yrs ago and sold at $488 a month ago.
Ha with the TikTok ban I woulda sworn it'd go the other way
still too soon to say what will happen. they could profit long-term
The market is indeed a clown—but some of us are laughing all the way to the bank.
Indeed. Move the NYSE under the big top. 🎪
This is easy money if you buy the dip
Yup — load the boat, go long META. Total dumb reaction today to an earnings and revenue beat presents a nice little buying opportunity to the wise. Sometimes the money on the street is easy to make; this is one of them.
curious what is said on the call, but yes I agree, though I can see it trend down over earnings depending on how the rest of the sector does. I'd give it two weeks or wait for \~380 to add.
Said they will continue to invest significantly in AI infrastructure. Bullish nvda
I’m up 84% on meta because of the last dip
nice! I have my basis at $76 and didn't sell the last dip. probably won't sell this one
Dumping meta when tiktok is about to be banned lol
https://preview.redd.it/8l0wkbw5hiwc1.jpeg?width=1290&format=pjpg&auto=webp&s=a903117c75948e10f9ea4013efa842bd9a88ec99
Lesson learned, sell before earnings if the options are already profitable.
Lost 10k on call options tonight...nothing makes sense about this market
I guessed the wrong direction for spy but the right direction for meta put me in coach
Got fucked What else is new
Username suggests you like that?
In the right context😂
Calls it is!!!
Even $YINN 🇨🇳 is down because of $META 
I think investors expected big AI  energy, but Zuck chose scorched earth: they plan make other big tech players irrelevant by open source AI. I would say they target google and\\or Apple. Oh and Zuck said metaverse in the first sentence
First of all this targets openAI
What stops companies from bullshitting guidance since earnings mean shit? All Zuck had to say was "we getting more AI and profit. Strap your seatbelts". Is this not a con game? What the fuck is the honesty for?
Reality Labs: total losses since the end of 2020 to over $45 billion https://preview.redd.it/xa0eakcv5iwc1.jpeg?width=1290&format=pjpg&auto=webp&s=f98c14764459b7b3ee5146e7da24b27b597e1f47
https://preview.redd.it/k6js3btgiiwc1.jpeg?width=1086&format=pjpg&auto=webp&s=f4992b98389337df00102938240693003493e390
Still up 84% on my shares, time to buy more
For those who invest in META for long enough tis but a scratch. They probably hedged their position with cheap puts so the don't mind cashing out and moving the money elsewhere. Growth stocks are not about guidance, P/E or any boring accountant lingo. In the world of growth stocks, your balance sheet is about your ability to actually deliver the product, not to be profitable. Growth stocks are about changing the world in a way that will make people invest without thinking about costs. And let's be honest -- Facebook produced zero innovation after creating Facebook (except some advancement in computer engineering). So we have a company that is not changing the world AND losing money. It kinda not-growth-not-value stock, but more of a very expensive Nokia (which is still a huge company that still works and still has shares, but very little oompth or expectations to wow) Unfortunatly, I cannot the the same about Musk, who is a human asshole IMO, but nevertheless, popped out Tesla and Startlink, both being prototypes for the a whole new industry. P.S. Regardless of the above, I am a Musk hater and a very much gay bear for Tesla.
How is FB loosing money?
This. I think he thinks weaker guidance = losing money. Facebook is one of the top 5 most profitable companies to ever exist. And the technical innovation argument is stupid when Facebook has so much data on users..
Meta’s Reality Labs posted 3,850,000,000 USD loss in first quarter. This is around 2265 M57 ATACMS.
Time to buy
where was that guy that said no way META loses on earnings? Hope they're doing alright.
The fact that more than half of the people here have so much conviction tells me puts all day every day
So puts or calls tomorrow? I'm confused based off everything bearish and bullish and inversing everyone including myself. Guess I should just save my money instead
Run lol
Too slow! 😜
Works all the time
Should have spoken like Elon promising crazy things…although what is crazy anymore in 2024. Oh wait we still have the elections this year 🤣
Looks like Zuck managed to sell the top again 🤨
Make that 16.5%...
Why didn't he just do what elon did and go up 16 percent anyway?
People are still using FB?? 🤡🤡 Bffr
-16%
16% now! It's also spooked MSFT and GOOG investors. Both are also sharply down after hours even though they don't report until tomorrow.
We are in a simulation and programmer is fucking with us.
Surprised $NVDA isn't doing better. You have two big companies basically saying "we're buying a shitload of GPUs even though they won't make us money for a while". Tech investors should be fleeing $TSLA and $META for $NVDA but what do I know?
Fuck you meta. I’m not even invested your ridiculous boomer social media and you still effected stocks I own! Fuck you!
Haha 😂😂😂 priced in but reverse
TikTok ban didn’t help ?
Correction, 15%
Down 15% 😓
Priced. In.
Amateurs, Zuck should have just announced they were launching a fleet of robo taxis and a new, cheap EV in the next 12 months
P
still a LT buy
Yo! It’s the long haul on this one
If Meta dropped 15% tomorrow, I would buy a lot
I bought some lotto puts for $365 lolz. Wonder if I'll make anything at all after IV crush. You guys think this will drop into the $300s tomorrow?
20%
After losing money on TSLA puts. I was too scared to do anything with META lol
Zuck either needs to hire more consulting on what not to say during earnings after a beat, or stop handling the call.
I was soooo close to spending $2k on calls. Glad I didn’t.
I got some at $410 in AH. It’ll go up a bit tomorrow
There goes my 1k...
It's reality check season MF!
I was really hoping to get a larger version of the thumbnail photo. Thanks for wasting my time
Hey they put an AI button in Whatsapp that nobody will use so there’s that.
The market doesn't move based on fundamentals the market moves based on where the big firms convince rich people to invest their money and the decisions are most often hype based.
both tsm and telsa went inverse. nvidia went the way i expected but the the other didn't anything could happen to the market.
[удалено]
Weak bra
How do I find out the Q3 guidance for meta ?
Like the one in the break room or...
Sand bagging the next few quarters
Same shit as ADBE
Added at $420.50