META 全部观点

So, what we'll do today, um, we have a tier list prepared. We actually have two tier lists. So, for one, we will talk about um the max 7 companies as you can see here. Plus, we have some extras.

So, we will talk about the Max 7s like you know, Meta, Google, Microsoft, those those sorts of companies.

Um, we discussed Microsoft. Meta's beat. Meta had $60 billion of revenue in the quarter, up 28% year-over-year. That is a huge beat. Um, $6.18 earnings, missed earnings, down pre-market. I said that sounded like a shame to me.

Uh, let's see. Revenue for Meta E. So revenue was beat. We discussed EPS missed by 14 and a.5% and net income fell 14% year-over-year. Um the cash flow free cash flow this is saying this this recap cash flow collapsed to 784 million against $ 31 billion of quarterly capex.

Okay, I don't like how Colott is phrasing that free cash flow collapsed to 784 billion against 31 billion. It means they spent a lot of money in capex is what that means. That's near zero cash generation for the company.

Fullyear guidance for capex is 160 to $145 billion.

Now, we come to Meta who has seen some incredible volatility so far in 2026, but in the last year down by 22.3% and year-to-date down by 10%

and it's really not any secret what's been going on with Meta stock. There's a lot of concerns with the increased CapEx spending. For example, look at the dividend breakdown sheet.

Yes, Meta doesn't pay much in dividends, but what you really need to pay attention to is the fact that in 2025, we saw free cash flow actually decline.

We also have rumored news that Met is weighing a big equity raise to finance AI infrastructure.

When I look at my portfolio, I'm heavily invested in artificial intelligence through four hyperscalers. We have Meta, Google, and Microsoft, all spending hundreds of billions of dollars in capex.