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Facebook share price down 20% after earning miss

34 points| boto3 | 4 years ago |finance.yahoo.com

10 comments

[+] boto3|4 years ago|reply

Seems like the metaverse is not selling well to the Wall street in the real universe :)

[+] missedthecue|4 years ago|reply

Probably means it's going to pay off in spades.

[+] zipiridu|4 years ago|reply

Facebook is facing competition from TikTok and will have a very hard time breaking their momentum. Always go long Google and short Facebook.

[+] MerelyMortal|4 years ago|reply

Duplicate (older with more comments): https://news.ycombinator.com/item?id=30184104

[+] xqcgrek2|4 years ago|reply

Seems like the decade long tech bubble is finally popping

[+] systemvoltage|4 years ago|reply

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.

[+] sjtindell|4 years ago|reply

What bubble? These are literally some of the largest, most profitable companies on the planet earth.