Facebook bombed. Anyone buying?

I still can’t get over the fact that 1.47 Billion users per DAY uses Facebook. I am still bull.

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I naah… I’m already too FB heavy.

Need more bombs, one is not enough.

:rage: gutter mouth!

What’s the TL;DR; of their earnings?

  • 2.23B MAU (+11% Y/Y)
  • 1.47B DAU (+11% Y/Y)
  • Total revenue was $13.2B (+42% year-over-year)
  • Ad revenue was $13.0B (+42% year-over-year)
  • Headcount was 30,275 (+47% year-over-year)
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what undershot?

Missed on rev and user count.

Revenue came in at $13.23 billion in the second quarter, barely missing the $13.36 billion analysts expected.

Analysts surveyed by FactSet expected FB to report MAUs of 2.25 billion and DAUs of 1.49 billion.

But Facebook reported MAUs of 2.23 billion and DAUs of 1.47 billion, each up 11 percent year-over-year.

Holy it is diving more. I think now buy opportunity might be happening.

:scream: :scream: :scream:

Not good, not good for the fremont housing market.

Why is it dropping much more than NFLX? I thought NFLX missed more

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Manch,

Your super sure to catch up with AAPL market cap stock dives like IRBT was rocketing?

Wtf…

Goog beat massively, Fb missed slightly. Is there any competitive pressure? Will ads price fall?

Down 23% now. It’s a crash. Did they give weak guidance as well?

Google ads is 70% revenue. What’s the other revenue source?

Ask me again in 2022.

Didn’t look into detail yet, but I saw some headline saying weak guidance.

FANG stock down 23% in 2 hours? Market will tank tomorrow.

Bottom fishing can work at 23% down. I’m not buying though