We keep coming back to Meta on Magic Markets Premium because the company keeps dishing up surprises and volatility. After a spectacular run in the share price, is it time to take profits and stand back?
Use the podcast player below to listen to our discussion on Meta and its Q3’22 result, which accompanies the detailed write-up below: (Date of report: 3 November 2022) 2.9 billion people every day. That’s how many warm bodies engage with a Meta product. This is one of the most powerful ecosystems in the world with undeniable network effects, yet the Meta share price is back to where it was several years ago. In that time, earnings have more than tripled. With Zuckerberg and team doubling down on the Metaverse, the investment thesis has moved well beyond Family of Apps. The market [...]