CNBC's "Fast Money" cover image

Stocks Rebound From Lows After Fed Hike, and Meta Soars on Earnings 2/1/23

CNBC's "Fast Money"

00:00

Doji Starr, You Think I Make This Up?

Doji Starr: There are a lot of things to like here. The metrics are great. ARPU's $58.78 in the United States. This same quarter last year was north of 60 bucks. DAUs were up about 3% year-over-year, 4%. But what really matters is US and Europe DAUs. Those were up about 1%. But 70% of revenue comes from there. And so the second piece that they're getting back on their solid footing is that DAUs in their most important regions are okay,. which means that TikTok is being held in check.

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