Luukas Komu @Monstertruck123: "META, GOOGLE, ADOBE, CHEESECAKE and..."

Finland

META, GOOGLE, ADOBE, CHEESECAKE and FUBO $META (Meta Platforms Inc) came out with earnings. Great numbers. Revenue +26.2% Earnings -82.5% In reality earnings also grew very nicely, and would have been up 20% without a massive one-time tax hit. Also in the future, Meta will have to pay a LOT less tax. So nothing to worry about here. So why is the stock down? Because earnings looked awful due to a one-off tax hit, and people are worried about Meta’s high growth of spending. Nothing more to it. The future remains bright. $GOOG (Alphabet) also published earnings. Phenomenal once again from Google. Revenue +16% Earnings +35.4% Now Google had a big help from taxes, so the opposite of Meta. Anyways, nice growth from Google. $CAKE (The Cheesecake Factory Inc) and $ADBE (Adobe Systems Inc) were down significantly. Both stocks are very attractively priced, and will likely appreciate somewhere around 20% for the next few years. Nothing negative here. $FUBO (FuboTV Inc) had great news come out yesterday. Fubo and Disney finally got approval from the government for the merger deal. The stock was initially up huge, but have away the gains. I think the gains will be amazing in the coming years, with all the parts of the business improving massively thanks to this deal. A mixed day, but the bottom line is the actual business of each of these companies is doing well, and will continue to do so in the coming years.