Facebook share price down 20% after earning miss (opens in new tab)

(finance.yahoo.com)

34 pointsboto34y ago10 comments

10 comments

boto3OP4y ago

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

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

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

MerelyMortal4y ago

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

xqcgrek24y ago

Seems like the decade long tech bubble is finally popping

systemvoltage4y 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.

xqcgrek24y ago

Google is down on FB earnings. The market has strong correlations.

dhruval4y ago

This is partly because of the 10:1 stock split google announced.

1 more reply

sjtindell4y ago

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

j / k navigate · click thread line to collapse

10 comments

boto3OP4y ago

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

missedthecue4y ago

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

zipiridu4y ago

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

MerelyMortal4y ago

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

xqcgrek24y ago

Seems like the decade long tech bubble is finally popping

systemvoltage4y ago

xqcgrek24y ago

Google is down on FB earnings. The market has strong correlations.

dhruval4y ago

This is partly because of the 10:1 stock split google announced.

1 more reply

sjtindell4y ago

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

j / k navigate · click thread line to collapse