So, watching CNBC Overtime yesterday, I noticed they were hardcore hyping the fact that Cuckerberg is planning to inject more capital into AI investments.
They were very enthusiastic about the fact that Meta outperformed Wallstreet's expectations, surprise surprise.
First thing I noticed, however, when skimming through their earnings presentation was that, even though diluted EPS were better than expectations, they were still down QoQ.
>Q1 2025: $6,43 / share>Q4 2024: $8,02 / share>casual 19,8% decrease QoQ>At a closing price of $549>that'd put their P/E at 85,3 from 68,5 >and the stock went +6% after hours>what the fuck?Post too long. Click here to view the full text.