$Meta Platforms, Inc.(META)$ I was stopped out at 627.55 during that negative momentum event. It seems like momentum could be shifting positive, so I opened a new position at 587, a $40 discount. I can see the 50-day has been acting as resistance, but I think it eventually breaks through, so this feels like a reasonable place to start, in my opinion.
Looking at the $Meta Platforms, Inc.(META)$ 8-hour chart, option sweepers and block buyers are leaning bullish. Heavy buying hit LEAP $650 calls, including a $7.0M sweep that's now +8.5% to ITM, and a $901.5K block on Jan 2027 $680 calls that's +13.5% to ITM. On the flip side, there are large short-dated put hedges at the $607.5 and $602.5 strikes, with sweeps of $1.4M and $870.5K. The positioning seems to follow Q2 revenue beating estimates at $47.52B, up 22% YoY. The key bull level to watch is $612.50. A solid move above it would clear the local volume shelf resistance and the overhead wicks, which could open up room for a trend expansion. The bear level sits at $524.54, marking a structural support floor and the baseline bear target. Upsi
$Meta Platforms, Inc.(META)$ With Glimmer, Meta could pull value away from other AI models. If people stop buying tokens and shift to Glimmer instead, that's a pretty big strategic move from Meta.
$Meta Platforms, Inc.(META)$ If they end up making their own chips in-house, this could become the next trillion-dollar company and compete with OpenAI and Anthropic. $1,000 seems possible from here.
$Meta Platforms, Inc.(META)$ The idea seems to be about commoditizing large language models and making them broadly accessible, with the real play being the infrastructure layer that powers them.
Goldman Sachs is projecting a big swing in hyperscaler free cash flow by Q3 2029. $Amazon.com(AMZN)$ from -$8.8B to $49B, a $57.8B move. $Meta Platforms, Inc.(META)$ from $0.8B to $28B, that's +$27.2B or +3,471%. $Alphabet(GOOGL)$ from -$5.9B to $19B, a $24.9B shift. $Microsoft(MSFT)$ from $19.6B to $25B, up $5.4B or +27%. $Oracle(ORCL)$ from -$1.9B to $0B, a $1.9B swing. The idea is that today's heavy AI capex eventually turns into a compounding engine that's hard to match. The numbers going from deeply negative to strongly positive across several
$AST SpaceMobile, Inc.(ASTS)$ $Meta Platforms, Inc.(META)$ AST SpaceMobile shares climbed after a Meta executive disclosed that the two companies recently held a workshop exploring how WhatsApp could function over AST SpaceMobile's satellite network. Whoever locks in the contracts wins the ultimate game.