NASDAQ Composite endeksi, Per\u015fembe g\u00fcn\u00fc a\u00e7\u0131l\u0131\u015ftan bir saat sonra %0,5 geriledi. Meta Platforms hisseleri %10\u2019dan fazla d\u00fc\u015f\u00fcnce endeks de bask\u0131 g\u00f6rd\u00fc. D\u00fc\u015f\u00fc\u015f, \u00c7ar\u015famba gecesi a\u00e7\u0131klanan ilk \u00e7eyrek finansal sonu\u00e7lar\u0131n\u0131n ard\u0131ndan geldi.<\/p>\n
Meta, hisse ba\u015f\u0131na k\u00e2r\u0131 (EPS) 10,44 dolar olarak a\u00e7\u0131klad\u0131. Tek seferlik vergi avantaj\u0131 hari\u00e7 EPS 7,31 dolar oldu. Piyasa beklentisi 7,11 dolard\u0131. Gelir y\u0131ll\u0131k bazda %33 artarak 56,3 milyar dolara y\u00fckseldi; beklenti 55,5 milyar dolard\u0131.<\/p>\n
Meta, 2026 mali y\u0131l\u0131 i\u00e7in tam y\u0131l sermaye harcamas\u0131 (capex: yeni sunucu, veri merkezi, ekipman gibi uzun \u00f6m\u00fcrl\u00fc yat\u0131r\u0131mlar) beklentisini 115-135 milyar dolardan 125-145 milyar dolara \u00e7\u0131kard\u0131. \u015eirket, art\u0131\u015f\u0131n yar\u0131 iletkenler (\u00e7ipler) gibi bile\u015fen fiyatlar\u0131ndaki y\u00fckseli\u015ften ve veri merkezi (data centre: sunucular\u0131n bulundu\u011fu b\u00fcy\u00fck tesisler) maliyetlerindeki art\u0131\u015ftan kaynakland\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
META hisseleri Per\u015fembe seans\u0131nda 670 dolar civar\u0131ndan 600 dolar seviyesine geriledi. Meta, 2025\u2019te capex i\u00e7in yakla\u015f\u0131k 72,2 milyar dolar harcad\u0131. \u015eirketin 2. \u00e7eyrek gelir beklentisi 58-61 milyar dolar aral\u0131\u011f\u0131nda sabit kald\u0131; bu da yakla\u015f\u0131k %25 b\u00fcy\u00fcmeye i\u015faret ediyor.<\/p>\n
JPMorgan, 12 ayl\u0131k hedef fiyat\u0131n\u0131 825 dolardan 725 dolara indirdi. Hisse, 50 g\u00fcnl\u00fck basit hareketli ortalaman\u0131n (SMA: belirli g\u00fcn say\u0131s\u0131n\u0131n ortalama fiyat\u0131) 630 dolar civar\u0131ndaki seviyesinin alt\u0131nda; 200 g\u00fcnl\u00fck SMA ise 678 dolar\u0131n \u00fczerinde.<\/p>\n
\u00d6ne \u00e7\u0131kan destek seviyeleri (destek: d\u00fc\u015f\u00fc\u015flerde al\u0131c\u0131lar\u0131n g\u00fc\u00e7lendi\u011fi seviye) Kas\u0131m 2025\u2019ten 582 dolar ve Mart sonundan 520 dolar olarak belirtildi. \u201cBo\u015fluk\u201d (gap: fiyat\u0131n bir \u00f6nceki kapan\u0131\u015fa g\u00f6re arada i\u015flem g\u00f6rmeden s\u0131\u00e7ramas\u0131) seviyesi olarak 29 Nisan dip seviyesi 663,81 dolar an\u0131ld\u0131.<\/p>\n
Meta hissesindeki sert d\u00fc\u015f\u00fc\u015f, oynakl\u0131\u011f\u0131 (volatilite: fiyat\u0131n h\u0131zl\u0131 ve geni\u015f aral\u0131kta dalgalanmas\u0131) yukar\u0131 \u00e7ekti. Yak\u0131n vadeli Meta opsiyonlar\u0131nda ima edilen volatilite (implied volatility: opsiyon fiyatlar\u0131n\u0131n i\u015faret etti\u011fi beklenen oynakl\u0131k) %45\u2019in \u00fczerinde artt\u0131. Bu da hem sat\u0131m (put: hisse d\u00fc\u015ferse de\u011fer kazanan opsiyon) hem al\u0131m (call: hisse y\u00fckselirse de\u011fer kazanan opsiyon) opsiyonlar\u0131n\u0131 belirgin \u015fekilde pahal\u0131 hale getirdi. Bu t\u00fcr ortamda, opsiyon primi sat\u0131n almak yerine prim satmak (premium: opsiyon satan\u0131n ald\u0131\u011f\u0131 bedel) baz\u0131 yat\u0131r\u0131mc\u0131lar i\u00e7in daha cazip g\u00f6r\u00fclebilir.<\/p>\n
Hisse \u00f6nemli hareketli ortalamalar\u0131n alt\u0131na indi\u011fi i\u00e7in, d\u00fc\u015f\u00fc\u015f bekleyen yat\u0131r\u0131mc\u0131lar Kas\u0131m 2025\u2019teki sert geri \u00e7ekilmeden kalan 582 dolar deste\u011fini hedefleyebilir. Opsiyonlar pahal\u0131 oldu\u011fu i\u00e7in, ay\u0131 put spread (bear put spread: bir put al\u0131p daha d\u00fc\u015f\u00fck kullan\u0131m fiyatl\u0131 bir put satmak) maliyeti azaltan bir y\u00f6ntem olabilir. Bu yap\u0131, hem olas\u0131 kazanc\u0131 hem de ba\u015flang\u0131\u00e7 maliyetini s\u0131n\u0131rlar.<\/p>\n
Di\u011fer yandan, primlerin y\u00fcksek olmas\u0131 nakit teminatl\u0131 put sat\u0131\u015f\u0131 (cash-secured put: olas\u0131 hisse al\u0131m\u0131n\u0131 kar\u015f\u0131layacak nakit tutarak put satmak) stratejisini de \u00f6ne \u00e7\u0131kar\u0131yor. Kullan\u0131m fiyat\u0131 (strike: opsiyonda i\u015flem fiyat\u0131) 520 dolar deste\u011fi civar\u0131nda veya alt\u0131nda put satarak y\u00fcksek prim toplamak, gelir elde etme ya da hisseyi daha d\u00fc\u015f\u00fck fiyattan alma yolu olabilir. JPMorgan\u2019\u0131n g\u00fcncellenen 725 dolarl\u0131k hedefi, baz\u0131 analistlerin bu d\u00fc\u015f\u00fc\u015f\u00fc uzun vadeli f\u0131rsat olarak g\u00f6rd\u00fc\u011f\u00fcne i\u015faret ediyor.<\/p>\n
Bu durumun genel piyasa panikinden \u00e7ok \u015firkete \u00f6zg\u00fc oldu\u011fu de\u011ferlendiriliyor. Meta %10\u2019dan fazla gerilerken, NASDAQ\u2019\u0131n yaln\u0131zca %0,5 d\u00fc\u015fmesi, kayg\u0131n\u0131n Meta\u2019n\u0131n agresif yapay zek\u00e2 (AI) harcama planlar\u0131nda yo\u011funla\u015ft\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu da yat\u0131r\u0131mc\u0131lar\u0131n t\u00fcm teknoloji sekt\u00f6r\u00fcne kar\u015f\u0131 pozisyon almak yerine tek bir hisseye odaklanmas\u0131n\u0131 m\u00fcmk\u00fcn k\u0131l\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
NASDAQ %0,5 gerilerken Meta\u2019daki %10+ \u00e7\u00f6k\u00fc\u015f piyasay\u0131 sarst\u0131: g\u00fc\u00e7l\u00fc bilan\u00e7o yetmedi, 2026 capex 125-145 milyar $\u2019a \u00e7\u0131kt\u0131. Volatilite %45+; opsiyonlar pahal\u0131, 582\/520 destekleri izleniyor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-45884","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=45884"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}