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Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
Revision as of 11:13, 17 April 2023
, 17 April 2023→Recent Commentaries
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* There will be improvements in ads business as we go to back half of the year. | * There will be improvements in ads business as we go to back half of the year. | ||
* He doesn't think TikTok will be banned in US. | * He doesn't think TikTok will be banned in US. | ||
=== CNBC<ref>https://www.cnbc.com/video/2023/03/21/morgan-stanley-says-buy-meta.html</ref> === | |||
Traders speaking on CNBC were bulish on Meta. They argued that: | |||
* Meta still has more room for cost cuts. It added 90,000 jobs in the last four quarters but has only layed off 19,000. | |||
* Digital advertisers will come back. | |||
* Possibility of a TikTok ban. | |||