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Reddit's holiday-quarter forecast shows AI ad strategy paying off
Reuters· 2025-10-30 20:07
Core Insights - Reddit forecasts fourth-quarter revenue to exceed Wall Street estimates, driven by its artificial intelligence-powered advertising tools that enhance marketing spending on the platform [1] Company Summary - The anticipated revenue growth is attributed to the implementation of advanced advertising technologies, which are expected to attract increased marketing investments [1]
Reddit's Big Rally & Recent Pullback: Can Earnings Reenergize RDDT Bulls?
Youtube· 2025-10-30 20:00
Welcome back to Market on Close. Another stock in focus after the close today is Reddit. It will report its earnings for the third quarter.Estimates calling for adjusted EPS of 52 cents on revenue of $550 million. And the company has topped both revenue and earning estimates for six consecutive quarters. Shares are up more than 20% so far this year.And that means it's time for Options Corner. Of course, we are looking at Reddit today ahead of those earnings. Joining us in studio here, Rick Dat, our lead mar ...
Meta Shares Rise 2.6% To Intraday High After Key Trading Signal
Benzinga· 2025-10-30 19:12
Core Insights - Meta Platforms Inc (NASDAQ:META) triggered a significant Power Inflow alert, indicating bullish market sentiment driven by both institutional and retail order flow data [2][3] Group 1: Power Inflow Signal - At 10:20 AM EST on October 30, META's stock price was $663.67 when the Power Inflow signal was triggered, following a slight pullback after an earlier price rise [3] - After the Power Inflow signal, META's stock price increased to a high of $680.96 by 2:45 PM EST, reflecting a notable shift towards buying activity [3][6] - The Power Inflow alert is a proprietary signal from TradePulse, indicating a strong trend towards buying activity within the first two hours of trading, suggesting a high probability of bullish price movement for the rest of the day [4] Group 2: Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size, which helps traders make informed decisions [5] - The Power Inflow signal exemplifies how order flow analytics can reveal bullish momentum, particularly when stock prices appear stagnant or declining [6] - Traders who acted on the Power Inflow signal could have realized potential intraday gains, highlighting the effectiveness of this analytical approach [6]
Bank of America resets price target as Meta earnings send stock reeling
Yahoo Finance· 2025-10-30 18:47
Core Insights - Meta reported Q3 earnings on October 29, highlighting a significant increase in revenue and a notable drop in net income due to a one-time tax charge [1][3][5] - CEO Mark Zuckerberg emphasized the growing usage of Meta AI, with over a billion monthly active users, and expressed excitement about future developments [1] - The launch of Meta's Ray-Ban glasses was successful, selling out in almost every store within 48 hours, indicating strong consumer interest [2][3] Financial Performance - Revenue for Q3 increased by 26% year over year, reaching $51.2 billion, surpassing Wall Street estimates of $49.6 billion [5][7] - Operating margin decreased to 40% from 43% in Q3 2024, while net income fell by 83% to $2.7 billion due to a one-time tax charge of $15.93 billion [5][6] - Diluted earnings per share (EPS) dropped to $1.05 from $6.03 in Q3 2024 [5] Future Outlook - Meta provided guidance for Q4 2025, projecting total revenue between $56 billion and $59 billion, which is above Wall Street's estimate of $57.4 billion [5][7] - The company anticipates a significant reduction in U.S. federal cash tax payments for 2025 and beyond due to the One Big Beautiful Bill Act [4] - Full year 2025 total expenses are expected to be in the range of $116 billion to $118 billion, with capital expenditures projected between $70 billion and $72 billion [5] Market Reaction - Following the earnings report, Meta's stock experienced a decline of 12%, trading near $660, reflecting investor concerns despite the revenue beat [6] - Bank of America analysts adjusted their estimates, increasing the revenue forecast for 2026 by 1% to $240 billion while lowering the EPS estimate by 10% to $28.86 [7][8]
Digitalage Files Breakthrough Patent for Hardware-Accelerated AI System That Redefines Real-Time Credibility and Media Verification
Accessnewswire· 2025-10-30 18:25
New 'hardware-accelerated truth verification' system designed to combat real-time misinformation and challenge Big Tech's 30% app store 'toll roads'. TEMECULA, CALIFORNIA / ACCESS Newswire / October 30, 2025 / Hop-on, Inc. (OTC:HPNN) Digitalage, the next-generation social media and AI company founded by Peter Michaels, today announced the filing of a U.S. Provisional Patent Application (No. ...
'Compute' 22, 'metaverse' 0: The words Meta execs did and didn't say on its earnings
Business Insider· 2025-10-30 17:50
Core Insights - The term "metaverse" was notably absent from Meta's recent earnings call, indicating a shift in focus away from this previously emphasized area [1] - Despite the omission in the earnings call, Meta's CTO reassured employees that the metaverse remains a companywide priority, highlighting ongoing efforts in this domain [2] - The earnings call heavily emphasized "compute" and AI infrastructure, with significant investments planned for 2025 and 2026, reflecting a strategic pivot towards enhancing technological capabilities [3][7] Financial Performance - Meta's shares experienced a significant decline, dropping by double digits following the earnings call, suggesting investor skepticism regarding the company's direction [3] - The company incurred a $15.9 billion tax charge related to tax legislation, impacting earnings, but anticipates a lower tax rate in the coming years [9] Product Focus - Consumer hardware, particularly virtual reality products like "Quest" and smart glasses, received considerable attention during the call, indicating a continued commitment to hardware development [9] - Among social networks, Facebook was mentioned most frequently, followed by Instagram and Threads, suggesting a focus on these platforms in future strategies [8] Competitive Landscape - The earnings call did not reference competitors such as OpenAI, Anthropic, Google, or xAI, indicating a potential shift in competitive strategy or focus [10]
Meta stock plunges more than 10% as analysts cut price targets on sky-high AI spending
Yahoo Finance· 2025-10-30 17:04
Core Viewpoint - Meta's stock experienced a significant decline of over 11% following the announcement of increased AI spending for the remainder of 2023 and into 2026, raising concerns among analysts and investors about potential overcapacity and financial implications [1][4]. Financial Performance - Meta reported an annual run rate of $60 billion for its AI-powered ad tools, indicating that the investment in AI is yielding some positive results [8]. - The company also disclosed a $4 billion loss related to its Reality Labs segment, contributing to the overall negative sentiment surrounding its financial health [8]. Analyst Reactions - Following the earnings report, several analysts reduced their price targets for Meta's stock, with BofA Global Research lowering its target from $900 to $810 while maintaining a Buy rating [5]. - KeyBanc Capital Markets and TD Cowen also adjusted their price targets downward, with KeyBanc reducing it from $905 to $875 and TD Cowen from $875 to $810, both retaining positive ratings [6]. - Some analysts, such as HSBC's Nicolas Cote-Colisson and Wedbush's Scott Devitt, chose to keep their price targets unchanged at $905, indicating a more optimistic outlook [7]. Strategic Insights - CEO Mark Zuckerberg emphasized the need for increased infrastructure to meet growing demand for AI capabilities, acknowledging the risk of overshooting capacity but suggesting that any excess could be utilized in the future [2][3]. - The company is facing external requests for API services and additional computing resources, highlighting the demand for its technological capabilities [3].
Should You Buy the Dip in Meta Platforms Stock Today?
Yahoo Finance· 2025-10-30 16:50
Core Insights - Meta Platforms (META) shares have declined nearly 10% despite exceeding third-quarter earnings estimates, primarily due to concerns over aggressive spending plans related to artificial intelligence (AI) initiatives [1][3] Financial Performance - Meta's capital expenditures are now projected to be between $70 billion and $72 billion, an increase from the previous forecast of $66 billion to $72 billion [2] - Despite the recent decline, META stock has risen approximately 14% since the beginning of the year [2] Analyst Opinions - Oppenheimer downgraded META stock to "Perform" and removed its previous price target of $696, citing significant investments in AI without clear revenue opportunities [4] - Analysts from Oppenheimer expressed concerns about limited visibility into 2027 earnings, making it challenging to justify Meta's high valuation multiples [5] - Arete's senior analyst warned that Meta may face a cash crunch and potentially enter net debt territory by 2027 [6] Market Sentiment - Despite spending concerns, the consensus rating on META stock remains a "Strong Buy," with a mean target price of approximately $872, indicating a potential upside of about 35% from current levels [8]
‘We expect to invest aggressively': Meta stock tumbles as tax hit and AI spending spree rattle investors
Fastcompany· 2025-10-30 16:16
Shares of Meta Platforms (Nasdaq: META) were down about 9% in premarket trading on Thursday. It follows what can only be described as a mixed bag of a quarter-three earnings report on Wednesday, Octob... ...
Can't Look Away: The Case Against Social Media | Trailer
Bloomberg Television· 2025-10-30 16:07
Social Media Accountability & Legal Challenges - Social media companies are being held accountable for harms caused to children, with law firms specifically founded for this purpose [2][3] - Legal actions are focusing on the design of social media platforms and their algorithms, rather than just the content they host [5] - Section 230 has historically shielded social media companies, but efforts are underway to challenge this protection [3] - Plaintiffs face powerful and wealthy social media companies in court, likened to fighting a "Leviathan" [4] Platform Design & Harmful Effects - Social media platforms are seen as facilitating illegal activities, such as drug dealing, by easily connecting individuals [2][3] - Platforms are designed to be addictive to adolescent brains, with companies aware of the potential for addiction, sexual abuse, and suicide [3][6] - Algorithms prioritize engagement by showing users content they "can't look away from," potentially harmful content [7] - The pursuit of profit by social media companies is seen as contributing to the harm of children [1][6] Parental Grief & Advocacy - Parents are experiencing the tragedy of losing children due to issues linked to social media, such as fentanyl poisoning and suicide [3][5] - Parents are actively advocating for change and seeking justice, despite the emotional toll of "retraumatizing themselves" [7]