META-Physics

META-Physics

Meta (META) reported a better than expected 4Q22 after the close Wednesday. Revenue was off only 4% compared to a year ago – with many concerned it would be a lot worse. In addition, META continues to tighten up its…

Oh SNAP!

Oh SNAP!

The bulls were bordering on euphoric heading into the close Tuesday but Snapchat (SNAP) has thrown cold water on them with another disappointing quarter. As you can see in the tweet above by Benzinga, Daily Active Users (DAUs) and Revenue…

INTC: Look Out Below!

INTC: Look Out Below!

Intel (INTC) just reported a brutal 4Q22. Revenue was -28%, Gross Margin decreased by 1200 basis points and EPS was off 92% to 10 cents. And things are going to get worse. INTC guided 1Q23 revenue to $10.5-$11.5 billion –…

Take Profits In NFLX

Take Profits In NFLX

Netflix (NFLX) reported 4Q22 earnings after the close just now. Net streaming subscribers – its key metric – beat expectations, increasing by 7.66 million. NFLX stock is currently +5% in the after hours. While the 4Q22 net streaming additions number…