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Meta Platforms:Quarterly Results/2024 Q3: Difference between revisions
Meta Platforms:Quarterly Results/2024 Q3 (view source)
Revision as of 08:22, 23 October 2024
, 23 October 2024→There are signs of a pullback from Chinese advertisers
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* Roth MKM said in October that their checks indicate a pullback from Chinese ecommerce advertisers<ref name=":4" />. | * Roth MKM said in October that their checks indicate a pullback from Chinese ecommerce advertisers<ref name=":4" />. | ||
* UBS on the other hand believes that Meta has an"ongoing tailwind to top-line growth from Chinese advertisers targeting customers outside of their home market."<ref>https://www.investors.com/all-categories/meta-stock-generative-ai-monetize-mark-zuckerberg-ubs-analyst/</ref> | * UBS on the other hand believes that Meta has an"ongoing tailwind to top-line growth from Chinese advertisers targeting customers outside of their home market."<ref>https://www.investors.com/all-categories/meta-stock-generative-ai-monetize-mark-zuckerberg-ubs-analyst/</ref> | ||
* According to insiders, Shein's revenue growth decelerated to 23% in H1 2024 from 40% last year<ref>https://www.theinformation.com/articles/sheins-rocky-financial-performance-complicates-ipo-plans?offer=rtsu-engagement-24&utm_campaign=RTSU%3A+Shein%E2%80%99s+Rocky&utm_content=5742&utm_medium=email&utm_source=cio&utm_term=3888</ref>. | |||
=== The focus on Q3 earnings will be on Q4 guidance === | === The focus on Q3 earnings will be on Q4 guidance === | ||