Discussion

• r/technology r on reddit

  Meta's Reality Labs lost over $4 billion in first quarter / The Reality Labs unit has now accumulated over $80 billion in total operating losses since late 2020.

• @munster_gene Gene Munster on x

  Zuckerberg says AI will amp the ability for people to do what they want. Trying to smooth over the fact that Meta has been the most aggressive company at replacing humans with AI. My math is they've cut about 15% of headcount over the past year because of AI efficiency.

• @drewcohenmoney Drew Cohen on x

  $Meta posted 33% revenue growth It easy to become blasé at that figure, but remember... that is more than twice the 16% growth they put up in 1Q25, despite a larger revenue base. [image]

• @munster_gene Gene Munster on x

  $META grew revenue up 33% vs. 31%. For the June quarter, they effectively guided to $61B in revenue, up 28% vs. the just reported 33%. My take: Still impressive growth off of hard comps.

• @mikeisaac Rat King on x

  oh lol this is why meta stock is falling — they absolutely fucken love burning cash on AI [image]

• @munster_gene Gene Munster on x

  $META is down 6% because of the capex guide.  Deja vu: We saw this when they reported Sep-25.  Capex is expected to grow this year by 94%, vs. the Street was expecting 76%.  My take: I continue to be surprised by investors negative capex reaction.  We have enough datapoints from …

• @supbagholder @supbagholder on x

  Everytime $META increases capex guide, it's telling you it expects higher operating cash flow. But continue selling.

• @ericjackson Eric Jackson on x

  CapEx came in BELOW expectations for all Mag 7 names tonight — except META who raised above

• @munster_gene Gene Munster on x

  $META Daily Active People was 3.56B, up 4%. hats a step down from 6.9% in Dec, vs. 7.6% in September and 6.4% in June and 5.9% in March, 5.0% in Dec 24 and 4.8% in Sep 24. My take: it's good but not great. Would have liked to have seen more of a step up given Meta AI search

• @rihardjarc Rihard Jarc on x

  $META earnings: - Revenue up 33% YoY! - EPS $10.44 (est $6.67) - Q2 rev guidance $60 B (inline with expectations) - CapEx guidance up from $115 - $135 B to $125-$145B The rise in CapEx guidance may not be to the market's liking, but it's not surprising to me; Zuck always goes

• @danielnewmanuv Daniel Newman on x

  $META with a huge EPS beat and a capex raise. Zuck has been clear that he doesn't have enough compute.

• @mikeisaac Rat King on x

  a brief interlude to say meta earnings are fucken insane from a shareholder POV 33 percent increase in revenue! 35 percent increase in costs! 61 PERCENT increase in NET INCOME YoY bonkers [image]

• @munster_gene Gene Munster on x

  Zuckerberg kicks off the $META call explaining the deep in DAP growth. It was 7% last quarter and 4% in March. He says Iran and Russia regions were down. My take: Adding those back it likely grew 5.5% in March.