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META Jan 2025 280.000 call
| Previous close | 228.63 |
| Open | 228.63 |
| Bid | 226.00 |
| Ask | 230.40 |
| Strike | 280.00 |
| Expiry date | 2025-01-17 |
| Day's range | 228.63 - 228.63 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.58k |
- Yahoo Finance Video
Meta is out-executing its peers on generative AI: Analyst
Meta Platforms (META) posted first-quarter earnings results above analyst estimates, posting adjusted earnings of $4.71 per share and $36.46 billion in revenue. Meta shares plummeted by over 10% after releasing earnings after Wednesday's market close, many experts attributing this reaction to the social media giant's second-quarter outlook. Roth MKM Managing Director and Senior Research Analyst Rohit Kulkarni comes on Market Domination Overtime to talk about what could become Meta's next big revenue driver, noting the tech company's strides in generative AI compared to other competitors in the Magnificent Seven. "The reason I say that is they have re-created the entire ad stack that has about 10 to 15 million customers which are advertisers, so the scale of improvement that those advertisers will get with gen AI improvements is going to be amplified and that's going help with the fundamentals," Kulkarni explains. Kulkarni goes on to discuss Meta's social media opportunities if TikTok parent company ByteDance does not comply with the United States' legislative ultimatum signed by President Biden earlier today. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Biden signs TikTok ban bill: Why this matters for businesses
President Biden has officially signed the bill giving TikTok's parent company, ByteDance, nine months to divest from the company or else the app will be banned from the US. While the fallout has yet to be seen, there is a potential for this legislation to affect businesses as many companies and entrepreneurs have used the popular social video app to market their products and services. Front Row CEO Yuriy Boykiv joins Wealth! to break down the impacts a TikTok ban will have on businesses, both large and small, and their ability to market themselves and grow through user exposure. "There are a lot of alternatives. At the moment, TikTok is a dominant player for attention, predominantly for Generation Z and Alpha. If you think about the monthly user base, it's about on average a million users per month. 100,000 of those are influencers so 1 out of 10 users are influencers and those influencers are driving a lot of demand for the products that are eventually sold somewhere..." Boykiv explains. "The idea that TikTok will be banned fully has not really registered yet, in my opinion, in marketers' mind. But even if it happens, because Instagram and Facebook, which is Meta (META) essentially, adapted to the vertical format of video, the idea is a lot of those same users and influencers will move to Facebook and Instagram." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Meta's Q1 earnings: What investors should watch for
Meta Platforms (META) is gearing up to report its first quarter earnings results after the market close on Wednesday. Ahead of this highly anticipated earnings release, Yahoo Finance's Madison Mills discusses the tech giant's past earnings performance and what investors should expect from Meta's Q1 earnings report— particularly concerning the potential impact of artificial intelligence and advertising revenue. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
