THE FINANCE GHOST: The metaverse still zucks

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

대한민국 뉴스 뉴스

Despite billions being burnt in the Reality Labs segment, Meta’s share price has nearly doubled this year. Yet there's still plenty of room for improvement, writes FinanceGhost.

A look at the year-to-date performance of the world’s leading technology stocks tells an interesting story. In case you ever wondered whether the US market efficiently prices stocks, the 2023 return of 93% in Meta Platforms should put that thought to bed once and for all. Even in the most liquid and widely followed market in the world, there is money to be made.There’s a strong base effect in Meta, of course.

The change in narrative at Meta is stark. In the most recent earnings call, the Zuck barely made it through the user stats before jumping into the “efficiency work” at Meta. Watching the share price fall through the floor has clearly spurred tech management teams into action and forced them to reprioritise their efforts towards profitability. In these companies, the way to cut costs quickly is to reduce the number of staff.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 20. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

THE FINANCE GHOST: The metaverse still zucksDespite billions being burnt in the Reality Labs segment, Meta’s share price has nearly doubled this year. Yet there's still plenty of room for improvement
출처: FinancialMail - 🏆 20. / 63 더 많은 것을 읽으십시오 »

THE FINANCE GHOST: The metaverse still zucksDespite billions being burnt in the Reality Labs segment, Meta’s share price has nearly doubled this year. Yet there's still plenty of room for improvement
출처: FinancialMail - 🏆 20. / 63 더 많은 것을 읽으십시오 »