Facebook is spending $72.5 billion on buybacks over the next two years. The company will spend another $33.6 billion in Q3 and Q4 of 2021, according to Metapot forms. Facebook doesn't generate as much cash as it used to; it's using all of it to fund its capital expenditures. It kind of needs the debt to do this: "I think I feel better about taking on debt"
For the first time in a long time, Meta Platforms gave shareholders a reason to smile.
(0:21) Tim Beyers discusses: - 4th-quarter revenue coming in higher than expected for Meta - That $40 billion share buyback plan - Why AMD is demonstrating not all semiconductor chip companies are alike
(11:00) How did Planet Fitness get the attention of the Federal Trade Commission? Ricky Mulvey and Sanmeet Deo discuss whether the low-cost gym deserves a spot on your watch list.
Stocks discussed: META, INTC, AMD, PLNT
Host: Chris Hill Guest: Tim Beyers, Sanmeet Deo Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
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