It's the fourth day of the lunar new year. After today and another weekend, A-Shares will be opened. We don't expect it. It may be said that A-Shares are about to open, and U.S. stocks are scared. On the 3rd, after the opening of U.S. stocks, they began to collapse.
US stocks also exploded performance thunder!
The yuan universe leader has collapsed by 1 trillion
On Thursday, the three major indexes of US stocks closed down, with the Dow down 1.45%, the NASDAQ down 3.74% and the S & P 500 down 2.44%
Meta platforms fell by more than 26% and its market value evaporated by more than 1.4 trillion yuan. The financial performance was lower than expected and was lowered by a number of investment banks. Dragged down by meta platforms, snap fell more than 23% and twitter fell more than 5%
On the news side, the pessimistic expectation of "meta platforms" four seasons "Thunderstorm" shocked investors and "blew up" the whole social networking sector of US stocks.
After U.S. stock market trading on Wednesday, Facebook released its first quarterly financial report since its parent company was renamed meta platforms in October last year. The revenue of meta platforms in the fourth quarter of last year increased by 20% year-on-year, slightly exceeding expectations; The year-on-year decline in earnings per share doubled compared with market expectations, which is the first decline in net profit since the second quarter of 2019; Key user indicators were poor and worse than expected.
Meanwhile, meta's yuan universe business had a net loss of US $10.19 billion (about 64.8 billion yuan) in 2021, which also hit investor confidence.
More pessimistically, the revenue guidance in the first quarter of this year is weak. It is expected that the revenue may increase by 3% year-on-year, while Facebook's revenue increased by 48% in the same period last year.
This guideline makes people question not only the growth prospects of meta, but also whether the whole online advertising industry and consumer behavior have changed. At present, there are major problems in meta's core business: the decline of user utilization, the difficulty of revenue, the interference of inflation and supply bottlenecks on advertisers' budgets, and its advertising pricing ability continues to be negatively impacted by Apple's privacy changes.
Summary of key points of meta analyst conference call:
1. Meta platform (formerly Facebook) believes that building a metauniverse is an expensive gamble. Meta reported that the company invested $10.19 billion in reality labs in 2021. CEO Zuckerberg said optimistically that some aspects of metauniverse had been transformed into "achievements" and the stock code had been changed from FB to meta.
2. Tiktok makes meta a new fulcrum. Meta executives repeatedly talked about the challenges that their short video product reels faces from tiktok, which is particularly popular among young people. Meta believes that over time, the company can improve the monetization of reels.
3. "Conservative" Facebook may fall into the problem of stagnant user growth. The number of monthly live users (MAU) of the company in the fourth quarter of 2021 was 2.91 billion, and there was no quarter on quarter growth.
4. Apple (AAPL) has cracked down on online advertising, which continues to bring trouble to advertisers such as meta. Shery Sandberg, chief operating officer of meta, said that small companies were particularly hard hit in data collection because they relied more on customized advertising. As a potential solution, meta plans to continue to launch new advertising measurement and business tools.
5. Overall, investors seem to be disappointed with Wednesday's meta performance report.
At present, it is a sensitive period for US Stock Earnings Disclosure. From the analysis of recent US stock earnings data, the earnings data of major giants are mixed. Among them, the financial report data of Microsoft, apple, Tesla and Google exceeded market expectations, and the stock price also rose. However, on the other hand, the financial report data of meta platforms, Naifei and paypal are slightly inferior, and the stock price, as a barometer of enterprise operation, has also fallen sharply.
Many A-share investors joked that they would panic at the opening of A-share.
the Bank of England raised interest rates "back-to-back" for the first time in 18 years!
raise the benchmark interest rate by 25 basis points to 0.50%
In the European market, the Bank of England, the Central Bank of England, announced on Thursday that it would raise the benchmark interest rate from 0.25% to 0.5%, the first "back-to-back" interest rate increase by the Bank of England since 2004. The minutes of the meeting released by the Bank of England on the same day showed that the current labor market in the UK is tight, and there are signs that the pressure of rising costs and prices in China will be more lasting. The Bank of England predicts that the UK consumer price index (CPI) will continue to rise in the coming months and reach a peak of 7.25% in April.
In addition, the European Central Bank kept the main refinancing interest rate unchanged at 0%, the deposit mechanism interest rate unchanged at - 0.5%, and the marginal lending interest rate unchanged at 0.25%. At the same time, the emergency debt purchase plan implemented in response to the epidemic will also be terminated in March this year as originally planned. The European Central Bank will implement the asset purchase plan at the rate of 40 billion euros a month in the second quarter. In the third quarter, the asset purchase plan will be implemented at the rate of 30 billion euros per month. From October 2022, the asset purchase plan will be implemented at the rate of 20 billion euros per month.
$237 billion! Meta breaks the record of the largest one-day market value evaporation of US stocks
For the first time in 18 years, interest rates have been raised continuously! The Bank of England is driven by inflation
