Gave my thoughts (as an advertiser) on Facebook like 5-7 months ago in this thread. iOS privacy rules ****ed the ad platform. Facebook can blame whatever market conditions they want, but Google Ads did fine in the same climate.
I don't know if I've ever even owned Google/Alphabet/whatever it is now. I don't own any at the moment. Also, past studies have shown that stocks usually go up after a split because of more speculation and people thinking "hey, it's cheaper now!". I don't know if I'll buy now, but I'm contemplating it. Google is like a Facebook, Jr. to me. I'm wary of both companies for non-financial reasons. lol. ... and TWTR... and SNAP... lol.
I luckily did the opposite. I bought it around $194 ... rode it up to $300+, then it tanked and I jumped out at around $240-$250. I thought it would end up a core holding for me 1-2 years down the road. No idea about that stock anymore.
I got UVXY at close (gambling). Too much green for too long in THIS market = destined to fail. March gonna be bad. "Rate hikes are built in" - naaaah. There's always violence.
of the four, i know/follow FB the best while we're in the midst of the current FB scandal, fanned by the documentation leaks by the whistleblower, one can learn (about the trading action) from the previously controversy, in 2018. when FB was embroiled in the Cambridge Analytical controversy. which led to a 6-mo steep decline before hitting bottom. the current scandal started ~ Oct 2022; if past history is any indication, my best guess is that FB will hit bottom ~ Mar. gonna sit tight and watch FB like a hawk, upon confirmation of hitting bottom, then constructed a bullish PUT spread
My sense is the current ceo is more focused on their strengths - ai and quantum, and the tech trickles down to their businesses. Besides ads and YouTube, cloud and phones are doing well. Their ai is designing tensor chips used in their phones, and cloud servers which power their AI... I also like that they aren't jumping on the crowded metaverse bandwagon.
elaborate? lots of wasted opportunities by the previous management twds the end - stadia, music, banking etc they were giving lots of half hearted efforts that didn't pan out. this one looks like he's concentrating on the right things. maps also has so much more potential to monetize esp as travel resumes. In-house arm chips for Chromebooks coming in 2023. one thing i admire about msft is their perseverance even with things that aren't successes at the start - like bing, at least it's profitable now. likewise was disappointed by googl's previous management of not following through on their good ideas twds their end.
I think both of those guys are pretty good. Pichai is having to fight more anti-trust/internal revolutions than Nadella, though. Nadella has righted the ship at MSFT while Pichai looks like he's looking into the deep future (technologically) while swatting at flies on the horse he's riding to get there. The biggest issue right now for both of them is that the view of tech seems to have shifted or be shifting from people accepting not making money or slow growth to chunking trash companies out the door and "you better knock the cover off the ball come earnings time". That and the Fed's shift towards raising interest rates isn't good for high-flying tech companies. The ones with the massive cash hoards and clear vision that dabble in the buzzwords of the future are the ones that seem to weather the storm the best. If you view the market in that way, then companies like Alphabet and Microsoft should both be ok... well, unless AMZN earnings today tank -- then no telling what the markets will do.
You hit it on the head. What new product has Google made in the last 10 years that stuck? Photos. They mangled their attempts to have a unified messenger like iMessage/FaceTime. All their new ideas are hap hazard and killed off. https://killedbygoogle.com/ I have read that they’re suffering from the same issues that Microsoft in the 90s/2000s suffered from: internal competition and silo effects. Their golden calf is still search engine advertising.
