Facebook Inc (NASDAQ:FB) bashers have been criticizing the social networking company since its overpriced IPO in May 2012. But the company’s recent earnings report showed that Facebook Inc (NASDAQ:FB) has finally turned a corner. With revenue and earnings per share of $1.81 billion and $0.19, respectively, Facebook Inc (NASDAQ:FB) crushed analyst expectations of $1.6 billion in revenue and $0.14 earnings per share. Those impressive numbers are just the beginning of CEO Mark Zuckerberg’s overall goals.
3 Goals
Zuckerberg has said that Facebook Inc (NASDAQ:FB)’s 3 goals are to connect everyone, understand the world, and help build the knowledge economy.
Connecting everyone means getting Facebook Inc (NASDAQ:FB) to the remaining 5 billion people who aren’t already part of the community. In the last quarter, the company added 45 million monthly users. In addition, total daily users have increased to 700 million.
Current users total roughly 1.15 billion people, who spent a combined 20 billion minutes a day on Facebook Inc (NASDAQ:FB)during June. Facebook connects more people than any other social networking site, and the number continues to grow.
Understanding the world means using people’s day-to-day updates in order to create a global store of information. Facebook will use that data to build services that will help users answer specific questions based on the network of friends they’ve built on the site.
Building the knowledge economy means creating an economy where growth depends on quantity, quality, and accessibility of information. Facebook will grow the knowledge economy by gathering consumer information from its members. Using this information, companies will be able to market to specific customers. There are currently 1 million active advertisers on Facebook — double the year-ago number. In addition, 18 million local businesses use Facebook pages for promotion.
In the last quarter, Facebook’s advertising revenue grew 61% to $1.6 billion. This growth was driven by mobile advertising, which provided 41% of total revenue, up from 30% in the first quarter of 2013. Before the second-quarter results were in, Facebook received criticism on its mobile capabilities and potential for monetization. With this success, Facebook has taken a step toward overcoming one of its biggest challenges.
While these three goals seem large, Facebook has made progress toward achieving them, and will continue working on them as its Wall Street momentum increases.
Mobile competition
Facebook’s No. 1 competitor is Google Inc (NASDAQ:GOOG). In its most recent quarter, Google Inc (NASDAQ:GOOG) posted revenues of $14 billion — a 19% increase year over year — but still missed analyst estimates of $14.5 billion.
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias
And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.
It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.
Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
How could anything be worth that much?
The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.
And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.
What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.
In fact, Verge argues this company’s supercheap AI technology should concern rivals.
Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.
Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.
When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.
Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…
But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.
And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…
This prediction might not be bold at all:
A few years from now, you’ll wish you’d owned this stock.
The best part? You can discover everything about this company and its groundbreaking technology right now.
I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.
Trust me — you’ll want to read this report before putting another dollar into any tech stock.
For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!
Here’s why this is a deal you can’t afford to pass up:
• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
• Bonus Reports: Premium access to members-only fund manager video interviews
• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.
If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.
Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.
Here’s what to do next:
1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.
2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.
Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!