The latter, of course, operates a pretty boring physical retail business that sells tools, construction products, and the like. But it’s a business that Wall Street at least understands. Home Depot is good at what it does, and the company has stuck to its knitting. It’s not spending gargantuan sums of money on preparing for a bizarro version of the future that might never arrive, nor has it just laid off upwards of 11,000 workers.
Meta’s stock price has shed 65% or so of its value this year, erasing billions of dollars from its CEO’s net worth, as a consequence of everything from a global deceleration in advertising sales to Wall Street skittishness about Zuckerberg’sAlso less than ideal is the larger economic slowdown, which comes against the backdrop of tech giants like Meta as well as Apple and Amazon either instituting layoffs or putting hiring freezes in place.
Investors:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TucsonStar - 🏆 339. / 59 Read more »