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Facebook share price down 20% after earning miss (finance.yahoo.com)
34 points by boto3 1595 days ago
4 comments
boto3 1595 days ago
Seems like the metaverse is not selling well to the Wall street in the real universe :)
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missedthecue 1595 days ago
Probably means it's going to pay off in spades.
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zipiridu 1595 days ago
Facebook is facing competition from TikTok and will have a very hard time breaking their momentum. Always go long Google and short Facebook.
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MerelyMortal 1595 days ago
Duplicate (older with more comments): https://news.ycombinator.com/item?id=30184104
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xqcgrek2 1595 days ago
Seems like the decade long tech bubble is finally popping
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systemvoltage 1595 days ago
Google posted earnings yesterday and stock popped by 10%. This is more to do with FB than tech bubble FUD. Also they broke out the reality labs division for the first time, presumably indicating not-so-rosy picture of what FB is betting on in the future with Meta verse.
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xqcgrek2 1595 days ago
Google is down on FB earnings. The market has strong correlations.
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dhruval 1595 days ago
This is partly because of the 10:1 stock split google announced.
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rednerrus 1595 days ago
Didn't google beat earnings by 10%?
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sjtindell 1595 days ago
What bubble? These are literally some of the largest, most profitable companies on the planet earth.
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