Meta Platforms Inc (META) Quote

META $480.44 -21.36 (-4.26%) ....BAGHOLDERS GOT ZUCKED OFF!!!!!!!!!

imo...according to quotes of MZ... FB was launched as a popularity/dating application....with a
a Data mining backdrop mingled in called "lifelog" an intelligence arm of the CIA. MZ and company sucked your children in with a pageant contest CALLED who is the hottest? "mirror mirror on the wall is the fairest of them all"

META


IHuser

$META whales keep piling into 520 calls. Here's another large order worth $3.7M and was executed above the ask
By: Cheddar Flow | April 18, 2024

• $META whales keep piling into 520 calls

Here's another large order worth $3.7M and was executed above the ask



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$META OI has remained strong on 7/19 - 520 calls all week (Bullish)
By: Cheddar Flow | April 17, 2024

• $META OI has remained strong on 7/19 - 520 calls all week (Bullish)

Each of these prints have been at or above the ask.





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$META is no stranger to a post earnings gap & go...
By: TrendSpider | April 17, 2024

• $META is no stranger to a post earnings gap & go...

Q1 2024 report drops a week from today, what are you expecting?



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Lol good

imo...ladies and gentlemen you are witnessing the implosion of corporate unregulated social media as a mode for the conduct of small business....once social web hosts start censoring and paying to taint the food supply....well....folks may want to shy away from buying into or rely on social media altogether~

META


IHuser

$META has the most bearish flow by far today
By: Cheddar Flow | April 9, 2024

• $TSLA has the most bullish flow by far today

$META has the most bearish



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$META had the most bullish flow by far today (sorted for total premium)
By: Cheddar Flow | April 8, 2024

• $META had the most bullish flow by far today (sorted for total premium)

A lot of the premium comes from the large ITM call LEAP orders from earlier this morning



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$META ~$20 Million of Deep ITM Call LEAPS (Unusual) *Above the Ask*
By: Cheddar Flow | April 8, 2024

• $META ~$20M of Deep ITM Call LEAPS (Unusual)

Sometimes whales like to be risk-averse and buy deep ITM calls, so they don't have worry much about the greeks



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$META $1+ Million Calls
By: Flowrensics | April 8, 2024

• $META



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Big Momma Likes Meta Party!

imo...what ceo foundation is involved with funding livestock vaccine program~



Z!

META


IHuser

ahhhhh...you don't say ha.....that explains all of the inflatable XXX ads i have been getting...my fb pm's

META


IHuser

Facebook Is Selling Your Private Messages, Lawsuit Alleges
Mentioned: META NFLX
Meta Platforms Inc (NASDAQ:META) is under scrutiny again about its use of customers' data after recently unveiled court filings allege the company, as Facebook, entered into a data sharing agreement with Netflix Inc (NASDAQ:NFLX) that allowed the video streaming service access to users' private messages.

In a court document dated April 14, 2023, the law firm of Klein And Grabert allege that for nearly a decade, starting in 2011, Netflix and Facebook 'enjoyed a special relationship' and entered into a series of agreements to share user data.

Benzinga reached out to Meta Platforms for comment on the allegations.

Reed Hastings, who was founder and CEO of Netflix at the time, also sat on Facebook's board of directors and it was from this position that he was alleged to have leveraged his influence to enter into a series of 'Facebook Extended API' agreements.

This allowed Netflix access to Facebook's users' private message inboxes, that enabled the company tailor streaming content for its own customers.

Netflix Ad Revenues

Why would Facebook allow such unfettered access? The lawsuit claimed the driving force behind the agreement was advertising revenues.

Netflix was, apparently, spending around $40 million a year on Facebook advertising and, by 2015 had entered into an agreement allowing Netflix data to be used for 'targeting/optimization' in Facebook's ads systems.

In a document released by Facebook in December 2018, it was compelled to address the issue in response to accusations it was disclosing users' private messages.

'We worked closely with four partners to integrate messaging capabilities into their products so people could message their Facebook friends,' it said.

It continued: 'People could message their friends about what they were listening to on Spotify or watching on Netflix, share folders on Dropbox, or get receipts from money transfers through the Royal Bank of Canada app.

'Many news stories imply we were shipping over private messages to partners, which is not correct.'

The court document said lawyers subpoenaed Hastings to provide documents relating to the allegations, but he refused to produce any.

Cambridge Analytica

Facebook's other indiscretions involving its customers data have mainly been down to information leaks, but in 2018 it was disclosed that for several years, British company Cambridge Analytica had been illegally harvesting Facebook data to be disseminated and used for political campaigns.

Indeed, it later emerged that both Donald Trump and Ted Cruz had used Cambridge Analytica data for targeting potential voters.

The $5 billion imposed by the Federal Trade Commission in July 2019 was one of the largest fines ever handed down by the U.S. government.

Meta is also facing a potentially huge class action lawsuit over allegations it misrepresented the size of its audience for its Facebook and Instagram services.

Advertisers claimed that since 2014 Meta had been inflating ad reach metrics.

Now Read: Meta's Battle with FTC Thickens, Court Rejects Bid to Stop Privacy Investigation

Photo: Shutterstock

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Meta tried to 'build a clone of Snapchat' using data from Onavo, unsealed court documents show

https://www.businessinsider.com/meta-onavo-data-clone-snapchat-unsealed-record-show-2024-4

Bad idea. No more Temu piggy bank for $META

$META $3+ Million worth of unusual put sell orders (BTO)
By: Cheddar Flow | April 1, 2024

• $META $3M+ worth of unusual put sell orders (BTO)

These traders are looking to collect premium on the contracts

*Below the Bid*



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This pig is beyond bloated

$META $3.5+ Million OTM Put Sell Orders
By: Cheddar Flow | March 28, 2024

• $META $3.5M+ OTM Put Sell Orders

These are being sold to open and their goal is for Meta to stay up here or continue to go up into end of April

*Below the Bid*



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Four Canada School Boards Seek C$4 Billion in Damages from Social-Media Platforms

OTTAWA-Four of Canada's biggest school boards have filed lawsuits against the owners of Facebook, Instagram, TikTok and Snapchat, claiming the products have rewired the way the students think and have left educators to manage the fallout.

Three Toronto-area school boards and another in Ottawa, the capital, said Thursday the lawsuits, and the damages sought, mark an effort to give educators with the financial resources required to respond "to the school-based problems social media giants have caused."

Collectively, the school boards are seeking damages from Meta Platforms, ByteDance and Snap of over 4 billion Canadian dollars, or the equivalent of $2.95 billion. Statements of claim were filed in the province of Ontario's Superior Court of Justice.

"These damages include, but are not limited to, a significant diversion and drain on the ... resources and personnel that is caused by the conduct of the defendants," said a statement of claim filed by the Toronto Catholic District School Board. The social-media companies "knew, or ought to have known, that their conduct is having a serious impact on schools and would cause widespread disruption to the education system."

Representatives from the social-media companies did not immediately respond Thursday seeking comment on the lawsuits.

In the U.S., about 200 school districts, from Pennsylvania to California, have joined litigation against social media companies. The U.S. lawsuits contend teachers and administrators waste valuable time responding to cyberbullying and other disciplinary problems, adding new training and school policies around social-media use, and counseling youths whose addiction to online apps is leading to anxiety, depression or suicidal thoughts.

Write to Paul Vieira at paul.vieira@wsj.com

(END) Dow Jones Newswires

March 28, 2024 08:50 ET (12:50 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.

HaHa! Spying!

$META pulling into a make or break spot here with the unfilled earnings gap looming below...
By: TrendSpider | March 27, 2024

• $META pulling into a make or break spot here with the unfilled earnings gap looming below...



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Meta caught red-handed again! This time for spying on Snapchat users

https://www.digit.in/news/general/meta-caught-red-handed-again-this-time-for-spying-on-snapchat-users.html

Ok Big Momma! Big Fun & Big Money Ahead For $META Enjoy…

Hey Strategyone! Thank You, glad to see you too and it sure is fun! That’s A Great Entry Too Go $META

Hey Kick, glad to see you are in Meta also. This is fun. I have been in Meta since $44/share. Not bad.

Big Momma likes Life Changing Money!

Woo! Big Momma Life Changing Money $META

This Is FUN! $META

Millions worth of tech calls just hit the tape (Unusual) $META, $NVDA, $MSFT. $PYPL
By: Cheddar Flow | March 25, 2024

• Millions worth of tech calls just hit the tape (Unusual)

$META, $NVDA, $MSFT. $PYPL



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Facebook's $META stock performance each full year since going public
By: Evan | March 24, 2024

• Facebook's $META stock performance each full year since going public

2013: +105.3%
2014: +42.8%
2015: +34.2%
2016: +9.9%
2017: +53.4%
2018: -25.7%
2019: +56.6%
2020: +33.1%
2021: +23.1%
2022: -64.2%
2023: +194.1%
2024*: +44.1% (So far)

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Cathie Wood & Ark Invest's Buys 24,917 Shares of Meta Platforms Inc. (META)
By: Ark Invest Daily | March 22, 2024

• Cathie Wood and Ark Invest's trade activity from today 3/22.





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Big Momma likes META Party!

Cathie Wood & Ark Invest's Buys 90,253 Shares of Meta Platforms Inc. (META)
By: Ark Invest Daily | March 21, 2024

• Cathie Wood and Ark Invest's trade activity from today 3/21.





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VR headsets are giving people headaches from the screen being too close.

$META whales gambling on ER
By: Flowrensics | March 20, 2024

• $META whales gambling on ER.



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$META ~$2 Million short time expiration 495 Calls
By: Flowrensics | March 18, 2024

• $META



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Bull of the Day: Meta Platforms (META)
By: Zacks Investment Research | March 15, 2024

Meta Platforms (META) continues to see estimates rise after their last quarterly report and so it remains a Zacks #1 Rank Strong Buy based on its earnings momentum.

My colleague Derek Lewis wrote about the resurgence of META in early February after their 10% EPS beat and raised guidance.

Q4 EPS of $5.33 bested the year-ago number by a whopping 200%, while revenues of $40.11 billion beat the Zacks Consensus Estimate by 2.87% and jumped 24.7% year over year. At constant currency (cc), the top line improved 22%.

When Derek wrote about upward estimate revisions on February 7, analyst consensus for this year and next stood at EPS of $19.41 and $22.42 respectively.

Now those projections have risen to $19.94 and $23.09, representing 34% and 16% annual growth.

What About Reality Labs?

After Apple (AAPL) made a big splash with their new mixed reality device Vision Pro, I decided to check in to see how Zuck & Co. are fairing with their line of VR/AR headsets known as Quest.

The division that makes and sells Quest gear is still a money-losing operation, but that's by design for their long-term development plan.

I recently wrote about META's Reality Labs for my forthcoming special report on the Metaverse because I wanted to investigate how and when this king-pin of social media advertising, commerce and communication would realize profits from this new technology realm.

You can get on the waiting list for that report by emailing Ultimate@Zacks.com and tell 'em Cooker sent you.

Core Growth = Cash to Invest

Besides the stock ramping 400% since its nadir in Q4'22, META revenues troughed at $117 billion in that year and tagged $135B in 2023. Even better, topline growth this year is projected to approach $160B for an 18% advance.

That resurgence in META's core business growth gives them room to experiment with the new technology platforms.

Here's what I wrote recently in my Metaverse report...

The launch of Meta Quest Pro was a small success, but it won’t move the needle on META earnings as word is that this is still a money-losing business for them. Meta's Reality Labs unit brought in more than $1 billion in fourth-quarter sales (the holiday quarter) but recorded an operating loss of $4.65 billion. Clearly, this is a division that Zuck & Co. can afford to invest in for a while.

According to AR Insider, whose team does a breakdown of quarterly revenue for the Meta Reality Labs unit, MRL’s topline was only $210 million in Q3 and they extrapolated that into $161.7 million for hardware sales. And these figures were down 24% sequentially and 27% year-over-year.

Plus, the cheaper Quest 2 still way out-sells the Quest Pro, with estimated revenue of $140 million. They concluded "Considering an average unit price of $315, this means that Meta sold approximately 443,931 Quest 2s in Q3." With Quest Pro’s estimated revenue at barely $9 million and a Q3 ASP of $999 (the price dropped from $1,499 in Q1 the AR Insider team noted) this means that Meta sold approximately 8,934 Quest Pros in Q3.

So for now, the META story is still about its consumer engagement and the ability of the platform to sell more advertising and automate the shopping experience. If you’ve scrolled Instagram or any Reels lately, you know how “sticky” these apps are.

And again, this is the base of 1-2 billion daily active users that will be able to leverage the next Metaverse experiences in social and ecommerce. “I think the software and social platform might be the most critical part of what we’re doing, but software is just a lot less capital intensive to build than the hardware,” Zuckerberg said in February of 2023.

Meta Reality Labs reported $13.7 billion in operating losses for 2022 and lost $16.1 billion in 2023. They expect its operating losses to increase year over year in 2024, but I expect Zuck & Co. to keep investing to eventually leverage Metaverse tools and apps for profits -- just like Apple is experimenting with what comes after the iPhone.

Bottom line on META: The Metaverse is a foot race of titans since the hardware development is so expensive. While AAPL growth stagnates at 6.5 times sales, I think META is a buy here trading 7X sales with 15% topline growth.

Be sure to grab my Metaverse report to find out which other stocks I'm picking in that race.

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Me thinks Zuck will make a play for TikTok.

$META July 500p's are lighting up. A lot of put buying to open here
By: Cheddar Flow | March 13, 2024

• $META July 500p's are lighting up

A lot of put buying to open here



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$META & $QQQ $3+ Million Aggressive OTM Calls Being Added
By: Cheddar Flow | March 12, 2024

• $META & $QQQ $3M+ Aggressive OTM Calls Being Added

These are both above the ask and have further OTM strikes than normal.



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$META Has seen a lot of premium today. A variety of large put-sell orders and call-buy orders so far (bullish)
By: Cheddar Flow | March 11, 2024

• $META Has seen a lot of premium today

A variety of large put-sell orders and call-buy orders so far (bullish)



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Actually there is nothing wrong with posting the fact that Zuckerberg sold shares and exactly how much. He has been doing this for Years. Just like Bill Gates with Microsoft and the owners of Walmart. They will schedule steady sells as to not "trade on inside information". It is the only legal way they can sell portions. I expect them to sell shares. Yes, the amounts sound huge to the average investor but they still maintain controlling interest in their companies and can continue to live their lavish lives. Again, no problem with that.

They'll shame you for posting this kind of information. Just say'n!

Meta Insider Trading Alert: Chair & CEO Mark Zuckerberg dumped more than $300 million worth of $META shares over the last week and has now unloaded more than $1.5 BILLION worth since November.
By: Barchart | March 8, 2024

• Meta Insider Trading Alert

Chair & CEO Mark Zuckerberg dumped more than $300 million worth of $META shares over the last week and has now unloaded more than $1.5 BILLION worth since November.



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Becoming a daily thing. 77,412. About $40 Million Zuck Bucks.

I'm sure he will.

$550 next week.

Big Momma likes META Party! Big Fun!