META Jun 2025 775.000 call
| Previous close | 19.30 |
| Open | 19.30 |
| Bid | 20.95 |
| Ask | 21.20 |
| Strike | 775.00 |
| Expiry date | 2025-06-20 |
| Day's range | 19.30 - 19.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 150 |
- Yahoo Finance Video
Meta's ad strength more than supports reality losses: Analyst
Barton Crockett, Rosenblatt’s senior research analyst, joins Seana Smith and Brad Smith on Morning Brief to outline his bullish stance on Meta Platforms. “The growth supports the multiple… The bigger backdrop, we think, is that people are getting more comfortable with Meta’s strategic positioning. Their investments in AI have yielded improved returns on investment for marketers and better engagement from users, and they've kind of led and developed this direct marketing to kind of small- or mid-sized companies globally. This almost new niche that they've pioneered and owned.” Crockett explains. He says, “Frankly, I think the big worry on the stock historically has been spending, right? In particular, their investments in their reality segment, which, I think, are overdone and are not going to generate a return that we think pencils out commensurate to the investment. But they are executing better. The devices that they were showing off at their recent Meta Connect [are] more resonant with the consumer than even what Apple is doing right now. And their Ray-Ban glasses could actually be something of a hit this Christmas.” Despite the analyst's view that Meta's investments in the reality segment won't necessarily pay off, he explains Meta can afford the project. "The amazing thing is that they don't ever have to make money in this. We don't assume they do. For the earnings growth to be impressive enough and to support the equity from here, you know, if they did, that'd be a huge upside, there. You know, we think on pace to lose 17 billion-ish this year in operating profit on reality. And that's going to be more than they lost last year. They probably lost 60 billion cumulatively on this. And yet they're growing EPS." Crockett says Meta is "so strong in the advertising marketing that they can support this basically dreamer's tax on reality, and you can still make a great argument for the stock."He explains, "These guys were growing their advertising revenues at a 20% year-over-year pace in the quarter that was reported for June. We think they'll keep growing at close to that pace in the September ending quarter. That's going to put them up at the very fastest growers in advertising. Nearly twice the growth rate of Google and right on top of what Amazon is doing with their new ad push and not too far behind the connected TV darling, the Trade Desk... These guys are large. They're growing rapidly, and that's a very profitable growth stream." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Why investors shouldn't 'give up' on the Magnificent 7
The rotation out of Big Tech has become evident, with the standout "Magnificent Seven" (AAPL, TSLA, GOOG, GOOGL, AMZN, META, MSFT, NVDA) names no longer being the market (^GSPC,^IXIC,^DJI) forerunners they once were. Roundhill Investments CEO Dave Mazza joins Morning Brief to discuss the dynamics of the Magnificent Seven. Mazza notes that the Magnificent Seven's market leadership "hit an abrupt stop" in mid-July, fueled by the unwinding of the yen carry trade. While Meta has been the only name to somewhat recover, Mazza believes "it's too early to give up" on the Magnificent Seven. "While we don't expect them to continue to see just outsized performance, it's tough to see the market continue to grind higher without their participation. I think a broadening is good, but I actually want these leaders to be able to participate at the same time," he explains. Regarding the Magnificent Seven as a whole, Mazza explains they were given that name because they were all performing at the same rate and outperforming the rest of the markets with a strong lead. However, as that trend has begun to waver, Mazza identifies Tesla as the most concerning among the names. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Investor's Business DailyMagnificent Seven Stocks: Nvidia Stock Rallies; Tesla Slides
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the fourth quarter of 2024 showed their returns diverging and the whole group came under selling in recent months before rebounding.
