3 ms·

Results look good to me, EPS about double yoy, reality labs still losing billions. Stock down 12% after hours though so I must be missing something I guess

nextworddev 3y ago
guidance not that great, also crowded trade
- HDThoreaun 3y ago
  Revenue down from last quarter but q4 is usually good for adtech I think. Next quarters guidance seems decent to me but I guess market was expecting more. q1 2023 was definitely a bit of a low point for meta so the yoy stats might be a bit misleading but hard for me to be upset about anything here. Ad impressions up 20% again somehow lmao
  - technion 3y ago
    I genuinely want to know how much of the ad revenue comes right from Elon. Nearly every ad lately is either Tesla, or weird fan groups like "Elon musk highest iq to ever live" and someone has built a massive network of bots for "Elon musk sexiest man alive".
matsemann 3y ago
It's so weird to me. My Facebook feed is dead, no one posts anymore. The last weeks they spam me with notifications about nothing to get me back in and creating fake engagement. "Peter you added as a friend in high school but have never spoken to since or ever interacted with on the platform commented on a meme page, check it out".
- kredd 3y ago
  Facebook is just groups and marketplace, sprinkled with some ads, at least for my age group and area. But groups are very active, especially neighbourhood ones, where I get my hyper local news basically.
- asadm 3y ago
  blue app is dead mostly. But instagram is def not!
  - psunavy03 3y ago
    For when people are so stupid that reading is hard and they need pictures . . .
    - bobthepanda 3y ago
      the facebook feed is also mostly pictures and memes so not sure how that's any different
      - joshuahutt 3y ago
        True, the apps are all basically converging.
- threeseed 3y ago
  Facebook DAU continues to grow: https://www.statista.com/statistics/346167/facebook-global-dau/ https://www.statista.com/statistics/346167/facebook-global-d... Their engaged audience is skewing older which is why it "feels" weird to you but not to everyone.
- mensetmanusman 3y ago
  America is 4% of the world. FB is the internet in many countries.
  - hi-v-rocknroll 3y ago
    Myanmar entered the chat
- BugsJustFindMe 3y ago
  I stopped looking at facebook a month or two ago because it suddenly became 99% spam "suggestions" from people I've never heard of before. Complete turn off. I might peek once in a while to see if it's been unfucked, but I have zero interest until it is.
icedchai 3y ago
It seems like an overreaction to me.

nextworddev 3y ago

guidance not that great, also crowded trade

HDThoreaun 3y ago
Revenue down from last quarter but q4 is usually good for adtech I think. Next quarters guidance seems decent to me but I guess market was expecting more. q1 2023 was definitely a bit of a low point for meta so the yoy stats might be a bit misleading but hard for me to be upset about anything here. Ad impressions up 20% again somehow lmao
- technion 3y ago
  I genuinely want to know how much of the ad revenue comes right from Elon. Nearly every ad lately is either Tesla, or weird fan groups like "Elon musk highest iq to ever live" and someone has built a massive network of bots for "Elon musk sexiest man alive".

matsemann 3y ago

It's so weird to me. My Facebook feed is dead, no one posts anymore. The last weeks they spam me with notifications about nothing to get me back in and creating fake engagement. "Peter you added as a friend in high school but have never spoken to since or ever interacted with on the platform commented on a meme page, check it out".

kredd 3y ago
Facebook is just groups and marketplace, sprinkled with some ads, at least for my age group and area. But groups are very active, especially neighbourhood ones, where I get my hyper local news basically.
asadm 3y ago
blue app is dead mostly. But instagram is def not!
- psunavy03 3y ago
  For when people are so stupid that reading is hard and they need pictures . . .
  - bobthepanda 3y ago
    the facebook feed is also mostly pictures and memes so not sure how that's any different
    - joshuahutt 3y ago
      True, the apps are all basically converging.
threeseed 3y ago
Facebook DAU continues to grow: https://www.statista.com/statistics/346167/facebook-global-dau/ https://www.statista.com/statistics/346167/facebook-global-d... Their engaged audience is skewing older which is why it "feels" weird to you but not to everyone.
mensetmanusman 3y ago
America is 4% of the world. FB is the internet in many countries.
- hi-v-rocknroll 3y ago
  Myanmar entered the chat
BugsJustFindMe 3y ago
I stopped looking at facebook a month or two ago because it suddenly became 99% spam "suggestions" from people I've never heard of before. Complete turn off. I might peek once in a while to see if it's been unfucked, but I have zero interest until it is.

icedchai 3y ago

It seems like an overreaction to me.