Data #1
Ad revenues show strong advertising spend, led by Meta.
Why does this data matter?
This quarter's social media ad revenue paints a rosy picture for the economy. Meta, Snapchat, YouTube, and LinkedIn all reported double-digit year-over-year growth in ad sales, with Meta leading the pack at 27%. This surge in ad spending suggests advertisers are optimistic about consumer demand, a positive indicator for the overall economy. By tracking social media ad revenue growth, we can gain valuable insights into advertiser confidence and potential market trends.
Data #2
Tesla fundamentals weak but some data points to a healthy foundation.
Why does this data matter?
Tesla's Q1 report was pretty mixed and tilted. Ore towards bad then good. Revenue growth reached its lowest point ever, and free cash flow took a significant hit. However, CEO Musk managed to buoy investor sentiment with his vision for Full Self-Driving (FSD) technology. While the overall report wasn't stellar, some bright spots are in there. The Supercharger network expanded by 26% year-over-year, addressing a key concern for potential EV buyers – charging accessibility. Additionally, miles driven using FSD hit a record 1.4 billion, and energy storage deployment continues its upward trend. These developments suggest Tesla is making progress in key areas for future growth, despite the current financial hiccups. Investors should closely monitor how Tesla addresses its short-term challenges while capitalizing on these long-term opportunities.
Data #3
Incredible to see Meta still growing users. Topping 3.24B
Why does this data matter?
Meta defies the odds with continued user growth. Meta reported a strong 7% increase in daily active users across their platforms, reaching a staggering 3.24 billion. This user base expansion will help fuel future revenue growth, as ad revenue per user is likely to climb over time. The success of their new product, Threads, with 155 million active users, further demonstrates their ability to innovate and generate additional monetization opportunities. While some may question their ambitious investment in Artificial Intelligence (AI), with 3.24 billion users as a foundation, Meta is well-positioned to leverage AI and unlock its full potential across their products and services.
About Avory & Co.
Investing where the world is headed.
Avory specializes in high-conviction equity strategies, emphasizing Secular Growth and Transformation Stories driven by exceptional teams. Data guides decisions. We cater to high net worth investors, family offices, and institutional investors. Note: This information doesn't constitute a recommendation to buy or sell any mentioned securities. Avory is based in Miami, Florida with clients all across the globe.
Speak to us: Schedule a Brief Zoom Meeting
Send us an email: Team@avoryco.com
Want to invest? We are on most platforms.
Want More
🎥 Avory YouTube Channel
🎙️ Avory Podcast
Disclaimer: Not a recommendation to purchase or sell any securities mentioned. This is for educational purposes only.
Comentarios