Latest / Earn Your Leisure / WHY META'S STOCK IS SOARING

Transcript

WHY META'S STOCK IS SOARING · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Let's go to Meta, Yes, let's go to Meta. So
• 1:05
  Speaker 3: Meta is a company that you have been very bullish
• 1:08
  Speaker 3: on for a.
• 1:10
  Speaker 4: While, bearish, bearish at first, barish. You have been very
• 1:14
  Speaker 4: bearish on they must have closed you. You've been very
• 1:17
  Speaker 4: You've been very You've been very Yes, you've been very
• 1:21
  Speaker 4: bearish on Meta for a long time. Yes, and Meta
• 1:25
  Speaker 4: had one of the greatest stock drops of all time
• 1:28
  Speaker 4: in one day.
• 1:30
  Speaker 3: Last was that last year?
• 1:31
  Speaker 5: That was That was Let's story.
• 1:33
  Speaker 3: But since then they have they have been steadily climbing
• 1:39
  Speaker 3: the mountain, steadily climbing, climbing the mountain. From they're low,
• 1:45
  Speaker 3: I think they're low was like one.
• 1:47
  Speaker 6: Hundred and eighty eight.
• 1:49
  Speaker 3: Okay, they're low with eighty eighth nine they are currently
• 1:52
  Speaker 3: at two forty three.
• 1:55
  Speaker 5: Yep.
• 1:57
  Speaker 3: I am a believer in Instagram. I've always been a
• 2:00
  Speaker 3: believer in Instagram saying and believe in the resiliency. I
• 2:07
  Speaker 3: believe in the resiliency of Meta.
• 2:11
  Speaker 5: I'll should too, as much as I'm up there.
• 2:14
  Speaker 3: So, Okay, is Meta officially back? Have they carved out
• 2:23
  Speaker 3: the grave? M H.
• 2:26
  Speaker 5: Dono either or either?
• 2:29
  Speaker 3: Or what's the what is what is the deal with Meta?
• 2:33
  Speaker 5: I think uh, Meta has done it?
• 2:35
  Speaker 6: Like and I was telling everyone because I'm in to
• 2:37
  Speaker 6: the root text with Zuckerberg and field people and Meta
• 2:41
  Speaker 6: or I g they like he's back. Being hungry for
• 2:45
  Speaker 6: the first time in a long time. He suffered from
• 2:47
  Speaker 6: the same success the Intel did, but after they wanted
• 2:51
  Speaker 6: to take his company over, he's been calwn back. I
• 2:54
  Speaker 6: don't like all the innovations, but the number one thing
• 2:56
  Speaker 6: that Meta's done is cut jobs and knowing people there.
• 3:00
  Speaker 5: I'm going to be very honest the morale at Meta.
• 3:04
  Speaker 5: While the stock has gone up, everyone who works there
• 3:07
  Speaker 5: is on pins and needles.
• 3:09
  Speaker 6: I don't like the initiatives of sending everybody home, so
• 3:12
  Speaker 6: let them know if they're going to be fired. But
• 3:14
  Speaker 6: of course they were too top heavy. Now, of course
• 3:17
  Speaker 6: you have to cut costs.
• 3:18
  Speaker 5: I get it.
• 3:19
  Speaker 6: Sometimes the first thing that people do is lay off
• 3:21
  Speaker 6: employees as a result of stock is going up. I'm
• 3:24
  Speaker 6: still looking to see the innovation. On an earnest call,
• 3:26
  Speaker 6: they did say that they're not giving up on the metaverse,
• 3:29
  Speaker 6: which I think is a mistake, but there's less of
• 3:31
  Speaker 6: an emphasis on it moving in the right direction. They
• 3:35
  Speaker 6: have some things that they're going to do in AI
• 3:37
  Speaker 6: move in the right direction. So they have come up
• 3:39
  Speaker 6: past that fifty percent retracement of forty five percent retraacement
• 3:43
  Speaker 6: at one to eighty.
• 3:43
  Speaker 5: One, so they are slowly back into the positive long
• 3:47
  Speaker 5: way away from three.
• 3:49
  Speaker 6: Yeah, but I still need to see a little bit
• 3:51
  Speaker 6: more innovation on Instagram side. How they monetized, they took
• 3:56
  Speaker 6: away away reels, so there's a lot of inconsistency in
• 4:00
  Speaker 6: their price and structure that I don't like.
• 4:02
  Speaker 5: But I can't lie.
• 4:03
  Speaker 6: This has been a hell of a rebound from the
• 4:05
  Speaker 6: eighty eight to one on two level for sure.
• 4:07
  Speaker 7: Yeah, I think that the about one hundred and seventy
• 4:11
  Speaker 7: percent increase since the low, which is incredible. But you
• 4:14
  Speaker 7: said it, I mean, you highlighted all the things.
• 4:16
  Speaker 3: Right.
• 4:17
  Speaker 7: If I want to make more money, how can I
• 4:18
  Speaker 7: do it if I without innovating.
• 4:20
  Speaker 5: Number one, let's got some job costs.
• 4:22
  Speaker 7: Cut costs, that's number one. Pull back on some of
• 4:26
  Speaker 7: the innovative things. I was talking about fifty billion dollars
• 4:29
  Speaker 7: being spent on the metaverse.
• 4:30
  Speaker 5: All right, it'say horrible products, but let's let's scale it.
• 4:34
  Speaker 7: Let's scale that back, let's stop paying out money. So
• 4:37
  Speaker 7: let's cut back on reels. But what's helped them as
• 4:40
  Speaker 7: well is the AD space that I mean. I think
• 4:44
  Speaker 7: they reported sixty billion, fifty eight point nine billion dollars
• 4:47
  Speaker 7: in AD revenue, which is incredible. So there was a
• 4:50
  Speaker 7: time last year when everybody was in fear of a
• 4:52
  Speaker 7: recession and everybody cut back on this spending. Those times
• 4:56
  Speaker 7: are easing up and people are now advertising on Facebook again, yeah,
• 5:00
  Speaker 7: and spending money, and they're able to sell space again
• 5:03
  Speaker 7: because the world's back open.
• 5:07
  Speaker 5: Google on only two places at all. That's what I'm saying.
• 5:10
  Speaker 7: Corporate accounts that are opening again, and we can see that,
• 5:12
  Speaker 7: especially in this space where we're looking at corporations that
• 5:15
  Speaker 7: have ad spenditures and we're seeing the amounts that they're spending.
• 5:18
  Speaker 7: So imagine that at that level they took in sixty
• 5:21
  Speaker 7: that's a lot of money.
• 5:22
  Speaker 5: Yes, that's more than a.
• 5:24
  Speaker 7: Lot of businesses even generate in the history of their
• 5:28
  Speaker 7: existence their enterprise, right, So they're taking that from the
• 5:31
  Speaker 7: ad space.
• 5:32
  Speaker 5: You've got to take that into account.
• 5:34
  Speaker 7: How does that solow down or can they expand upon
• 5:36
  Speaker 7: that now when they create more innovative things, will it
• 5:39
  Speaker 7: help We'll see. I know that Apple coming into the
• 5:42
  Speaker 7: eye space of the eyewear space doesn't help them with
• 5:45
  Speaker 7: the oculus, so maybe that won't be the innovative space,
• 5:47
  Speaker 7: but it does give them leeway to be innovative again,
• 5:52
  Speaker 7: which is helpful.
• 5:53
  Speaker 6: They spend thirteen point seven billion on meta in twenty
• 5:56
  Speaker 6: twenty two sixty billion here is great. I think if
• 5:59
  Speaker 6: they cut the Metaverse project, they would be better off.
• 6:02
  Speaker 6: And if they focus on just improving the ad platform,
• 6:04
  Speaker 6: I think they have one of the best of all time.
• 6:06
  Speaker 6: But they in that ad platform, but there's still a
• 6:09
  Speaker 6: lot of room for improvement. It's still not the easiest
• 6:12
  Speaker 6: platform to use. Targeting is not always the best. Great balance,
• 6:16
  Speaker 6: especially if you're swing trading.
• 6:18
  Speaker 5: Great balance.
• 6:18
  Speaker 7: But this episode is brought to you by P and
• 6:22
  Speaker 7: C Bank. A lot of people think podcasts about work
• 6:25
  Speaker 7: are boring, and sure they definitely can be, but understanding
• 6:29
  Speaker 7: a professionals routine shows us how they achieve their success
• 6:32
  Speaker 7: little by little, day after day. It's like banking with
• 6:37
  Speaker 7: P and C Bank. It might seem boring to safe
• 6:39
  Speaker 7: plan and make calculated decisions with your bank, but keeping
• 6:43
  Speaker 7: your money boring is what helps you live or more
• 6:45
  Speaker 7: happily fulfilled life. P and C Bank Brilliantly Boring since
• 6:50
  Speaker 7: eighteen sixty five. Brilliantly Boring since eighteen sixty five is
• 6:54
  Speaker 7: a service mark of the PNC Financial Service Group, Inc.
• 6:57
  Speaker 7: P and C Bank National Association member FDIC.
• 7:04
  Speaker 5: Erners what's up.
• 7:04
  Speaker 7: You ever walk into a small business and everything just
• 7:07
  Speaker 7: works like the checkout is fast, the receipts are digital,
• 7:11
  Speaker 7: tipping is a breeze, and you're out the door before
• 7:14
  Speaker 7: the line even builds odds are they're using Square. We
• 7:18
  Speaker 7: love supporting businesses that run on Square because it just
• 7:21
  Speaker 7: feels seamless. Whether it's a local coffee shop, a vendor
• 7:24
  Speaker 7: at a pop up market, or even one of our
• 7:26
  Speaker 7: merch partners, Square makes it easy for them to take payments,
• 7:30
  Speaker 7: manage inventory, and run their business with confidence, all from
• 7:34
  Speaker 7: one simple system. If you're a business owner or even
• 7:37
  Speaker 7: just thinking about launching something soon, Square is hands down
• 7:41
  Speaker 7: one of the best tools out there to help you start, run,
• 7:44
  Speaker 7: and grow. It's not just about payments, it's about giving
• 7:48
  Speaker 7: you time back so you can focus on what matters
• 7:50
  Speaker 7: most ready. To see how Square can transform your business,
• 7:54
  Speaker 7: visit Square dot com backslash, go backslash eyl to learn more.
• 7:59
  Speaker 7: That's Square dot com backslash, go backslash eyl. Don't wait,
• 8:04
  Speaker 7: don't hesitate. Let's Square handle the back end so you
• 8:07
  Speaker 7: can keep pushing your vision forward.
• 8:11
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 8:14
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:18
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 8:23
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 8:27
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:30
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 8:34
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:39
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 8:43
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 8:46
  Speaker 1: are here illegally, your next you will be fined nearly
• 8:50
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 8:54
  Speaker 1: never return. But if you register using our CBP home
• 8:57
  Speaker 1: app and leave now, you could be allowed to return legally.
• 9:01
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 9:06
  Speaker 1: border and families will be protected.
• 9:09
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 9:11
  Speaker 5: How many jobs can you cut?
• 9:12
  Speaker 6: They're not an organization where you can only have two
• 9:14
  Speaker 6: thousand people working there and be efficient. So I think
• 9:17
  Speaker 6: we're seeing the last of this bounces. Yeah, for a
• 9:21
  Speaker 6: little bit of time, until we see some other innovation.
• 9:26
  Speaker 3: Yeah, I think that meta. If you would like to
• 9:30
  Speaker 3: make me an ambassador or Instagram, I would definitely be
• 9:35
  Speaker 3: open to it.
• 9:36
  Speaker 5: Oh, hold on, bro hold on, hold on brod.
• 9:39
  Speaker 3: No, No, no, I'm not. I'm not in the best.
• 9:42
  Speaker 5: Okay, I thought you pitch it. I thought it was
• 9:44
  Speaker 5: a pitch coming.
• 9:45
  Speaker 3: There's let's not do the zoom in on me today.
• 9:49
  Speaker 3: But I would be open to it because I have
• 9:55
  Speaker 3: championed you guys through the good times and the bad times,
• 10:02
  Speaker 3: and I do feel that they're here to stay as
• 10:07
  Speaker 3: a company. I feel that the blue check thing was
• 10:11
  Speaker 3: was a good idea. I think it was executed better.
• 10:18
  Speaker 5: Let's go back, let's go back. Listen.
• 10:26
  Speaker 3: As far as for a user and all that, yeah,
• 10:29
  Speaker 3: I'm talking about a good idea. As far as business
• 10:32
  Speaker 3: for them. For me, no, I don't. I don't like
• 10:34
  Speaker 3: the idea. But as far as for them, I'm getting
• 10:37
  Speaker 3: more revenue. It's a good idea and it was implemented
• 10:41
  Speaker 3: better than Twitter. This is what Twitter did, in my opinion,
• 10:46
  Speaker 3: that was a mistake. Instagram. If you have a blue
• 10:49
  Speaker 3: check already, they kept it, and it's just like, okay,
• 10:53
  Speaker 3: if you want a blue check now you can pay
• 10:55
  Speaker 3: for it. So this still and incentive to have a
• 11:00
  Speaker 3: blue check because everybody else already kept their blue check.
• 11:03
  Speaker 3: Twitter took everybody's blue check away and said, now everybody
• 11:07
  Speaker 3: has to pay for money somehow. But when now when
• 11:10
  Speaker 3: nobody has a blue check, then it doesn't matter. It
• 11:13
  Speaker 3: doesn't mean anything anymore, right, And they haven't been as
• 11:15
  Speaker 3: profitable in that endeavor as Instagram has. So it's like,
• 11:19
  Speaker 3: you take Kim Kardashian's check away. She's not going to
• 11:22
  Speaker 3: pay nine dollars a month for a check, so now
• 11:24
  Speaker 3: it doesn't mean anything. So now that efficiently they destroyed
• 11:29
  Speaker 3: the power of the blue check for Twitter because you
• 11:32
  Speaker 3: took everybody's blue check away except for like one hundred people,
• 11:35
  Speaker 3: So now nobody's even really caring about a blue check.
• 11:38
  Speaker 3: Instagram kept the blue checks and just made it available
• 11:42
  Speaker 3: to buy a blue check if you want it. I
• 11:45
  Speaker 3: think that that was way better execution Twitter.
• 11:49
  Speaker 7: I agree, And I don't think everybody can get it either,
• 11:52
  Speaker 7: Like even if they wanted to pay, they just can't
• 11:54
  Speaker 7: get it.
• 11:55
  Speaker 5: Who didn't get up?
• 11:56
  Speaker 7: Yeah, like I know Instagram. Yeah, shout out to the MG.
• 11:59
  Speaker 7: I know he's been He said that there was some
• 12:00
  Speaker 7: issues with him trying to get his.
• 12:02
  Speaker 3: Can't get a blue check. Why can't he get a
• 12:05
  Speaker 3: blue I don't know.
• 12:05
  Speaker 7: If you overad metal, make sure my brother MG can
• 12:07
  Speaker 7: get his blue jack. Please stop playing with MG man.
• 12:11
  Speaker 7: He's a certified gym dropper. Ransom Gems is the number
• 12:13
  Speaker 7: one realiztation. I got you, stop playing, I got you Matt. Yeah,
• 12:18
  Speaker 7: specially brought to you by And I.
• 12:20
  Speaker 3: Still feel like they have a long way to go
• 12:21
  Speaker 3: with WhatsApp because WhatsApp is a hitting gym. Well it's
• 12:26
  Speaker 3: not hitting to people that international national the international community.
• 12:29
  Speaker 3: They on WhatsApp all the time. So I'm not sure
• 12:32
  Speaker 3: if they're monetizing WhatsApp because it's free.
• 12:34
  Speaker 6: You asked my question if they're trying to monetize it,
• 12:36
  Speaker 6: do you think people will pay a little bit of
• 12:37
  Speaker 6: the same issue at Twitter because I told him, like
• 12:40
  Speaker 6: most people internationally can't afford to pay ten months, not
• 12:45
  Speaker 6: even a centive.
• 12:46
  Speaker 5: Yeah.
• 12:46
  Speaker 3: I think they have to do a version maybe where
• 12:49
  Speaker 3: it's a free version and then you have a premium,
• 12:52
  Speaker 3: a premium service. And I don't know if that premium
• 12:54
  Speaker 3: service is for business owners or if that premium service
• 12:56
  Speaker 3: allows you to do a little bit more. But I
• 12:59
  Speaker 3: think that they have to find a way to start
• 13:01
  Speaker 3: monetizing on whats app. They have billions of people that's
• 13:05
  Speaker 3: on there, Like they have a lot of people on WhatsApp,
• 13:07
  Speaker 3: So what.
• 13:08
  Speaker 7: Do you think they'll shout out to? Isaac Gay's the
• 13:11
  Speaker 7: third who will also be at investments. But he did
• 13:13
  Speaker 7: something very intelligent with his certification.
• 13:16
  Speaker 5: He changed the color. That's smart. So do you think
• 13:18
  Speaker 5: that at.
• 13:19
  Speaker 7: Some point Instagram goes from blue to when it's now
• 13:22
  Speaker 7: a premium, it's a different color, like it's gold or
• 13:25
  Speaker 7: it's you know, I mean something like that.
• 13:26
  Speaker 6: I think if they did, it would be too much
• 13:28
  Speaker 6: of a liability to potentially get sued.
• 13:30
  Speaker 5: Since Isaac has already put that out there.
• 13:32
  Speaker 6: I know some people on Twitter tested as well, But
• 13:34
  Speaker 6: like that blue chat historically for half a decade, is
• 13:37
  Speaker 6: that's the standard something? So yeah, Shelton out for the
• 13:42
  Speaker 6: cost cut of measures.
• 13:43
  Speaker 5: But employee morale is down.
• 13:45
  Speaker 6: Like praise and once again going back to the top two,
• 13:47
  Speaker 6: great pounce are they better than Apple? Microsoft LinkedIn in comparison?
• 13:52
  Speaker 6: Like we're just taking tech across the board?
• 13:55
  Speaker 5: Are they?
• 13:56
  Speaker 3: No?
• 13:57
  Speaker 5: They fell from top five to its tenth. Maybe the.
• 14:06
  Speaker 7: Man I got you FG said stop playing with me,
• 14:08
  Speaker 7: I see you boy, stop playing with him.
• 14:12
  Speaker 3: My graduates from my school being force back drop drop Mike,
• 14:18
  Speaker 3: drop backdropft.
• 14:30
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 14:34
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 14:38
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 14:42
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 14:46
  Speaker 1: some of the heinous migrant criminals caught because of President
• 14:50
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 14:54
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 14:58
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 15:02
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 15:05
  Speaker 1: are here illegally, your next you will be fine nearly
• 15:09
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 15:13
  Speaker 1: never return. But if you register using our CBP home
• 15:17
  Speaker 1: app and leave now, you could be allowed to return legally.
• 15:21
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 15:26
  Speaker 1: border and families will be protected.
• 15:28
  Speaker 2: Sponsored by the United States Department of Homeland Security,