Wedbush Securities' Arounian on Tech Earnings

The video discusses Facebook's challenges post-earnings, highlighting issues like Apple's iOS privacy changes and competition from TikTok. It explores Facebook's struggle to monetize Reels despite its growth and engagement. The video also covers Facebook's long-term investment in the Metaverse, which is not expected to generate significant revenue soon. Additionally, it touches on e-commerce trends, noting a shift back to offline shopping and Amazon's role in the market.

What major change by Apple has impacted Meta's ability to track and target users?

• Launch of a new advertising platform

• Partnership with TikTok

• Acquisition of Snapchat

• Introduction of iOS 15 privacy changes

Which platform is identified as a significant competitive threat to Meta?

• TikTok

• Instagram

• Snapchat

• Twitter

What is Meta's strategy to counter TikTok's growth?

• Developing a new messaging app

• Increasing ad spending

• Focusing on Reels

• Acquiring smaller social media platforms

What is the current challenge with Meta's Reels platform?

• Lack of user engagement

• Technical issues

• Monetization difficulties

• Limited geographic availability

When is Meta expecting to see significant revenue from its Metaverse investment?

• Within the next year

• In 10 years

• In 2-5 years

• Immediately