'Train Wreck:' Wall Street Slaps Facebook After Market Value Falls by $700 Billion

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

One analyst labeled the company’s dismal earnings and future strategy a “train wreck.”

from other platforms such as the Chinese-owned video app TikTok. This has resulted in the company posting consecutive quarters of revenue declines, with a third straight drop expected in the fourth quarter.

One Wall Street analyst described the news of Facebook’s latest earnings report as a “train wreck.” Facebook’s current state is a long way from its position in September 2021 when it was valued at more than $1 trillion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rebecca112526 He deserves to lose it all and go to prison for meddling in our elections.

Oh gee, you mean to tell me knucklehead isn't the genius he thinks he is and just maybe he's a one hit wonder

Facebook twitter

Maybe it’s because Facebook shuts down any opposing dialog. The liberal’s only weapons are censoring and spinning untruths. How do they look themselves in the mirror?

Elon's next acquisition target!

karma can be cruel

Make Zuckerberg poor again for his globalist/marxist interference in our election.

Facebook WAS a good idea! BUT they picked the wrong side!!!

Markyz should to be tried for collusion& treason with along with all his coconspirators and appropriately sentenced in the highest court with teeth

Looks like the Father Of Election Interference had financial problems- GREAT!

Zuckerberg has always been a misfit. Rather live inside a pretend world than contend with reality.

May facebook suffer the same fate as the Titanic, but much faster 😏

how many accounts are locked, cant be deleted, and for no reason. same as twitter, the numbers are lower than they admit

I like trains!

Do people still use Facebook that aren't like 50 years old?

Don't give a damn about Zuck ain't worth a fock

hiltonholloway Repeat after me, 'There is no such thing as the Metaverse.'

Lizard boy looks unhappy.

You are wasting your time because your audience can't get past 7+4 =11.

This makes me so happy 🥰

He hates conservatives I just got out of jail again He deserves what he gets

Burn, Facebook, burn!!

Meta literally means death. Zuckerberg was just speaking prophetically speaking God’s judgement on him. Hope he remembers how to live while being broke.

Bye, Facebook.

Advertisers will run away as Twitter gains new users Well done FB it is called oppression Blocked and deleted will walk away from your fake childish woke kindergarten community

Hope they go broke

Couldn’t happen to a better company!

We can only hope it's trajectory continues at the rate it is. Lizard Boi and Company need to die off in the dustbin of Karma !!!!!

Getting MySpace vibes?

You go woke, you go broke.

I hope you put some of that money away Zuckerberg......It was no fun being thrown in jail constantly for NOTHING........

Bye-bye Felicia

Zuckerberg got woke and now he will hopefully go broke.

Well an A+ for effort.

Hahahahahha

DeleteFacebook

KARMA MAY HAVE CAUGHT UP WITH ZUCKY.

oohrahdvldog Ohhhh, Breihart,! The 'news' site that makes fauxNews look reputable. 🤣 😂 🤣 😂

Just say no to Fascistbook/Meta and Mark 'The Schmuck' Zuckerberg's depraved den of child molesters, violent degenerate subculture members, sexual deviants, and ass-kissing, socialist/communist dictator worshipers:

Great…Wreck that train!

BEST NEWS EVER!!!!👍👍👍👍👍👍👍

This what happens when you attack your customers! It doesn’t work.

Data (Mark) Suckerborg is likely to become the 1st millionaire who was once the world's 3rd wealthiest man.

After Elon bought Twitter, i would rather be at Twitter now, i think we will see Facebook go further down. Eventually being worst nothing. This is where the wheels fall off the narritive that there are more left than right.

It might also be that people understand what he did, and spent, to rig the 2020 elections, in Wisconsin and Georgia, and to suppress the Hunter laptop story and the truth about covid, and want nothing to do with his leftist phony platform any longer.

When FB changed all the fundamentals of the original platform the death spiral signaled its start for the social media site. Wouldn’t cry to see it shuttered.

FB banned me permanently for saying you're not really protected from Covid unless you're wearing an N95

Ruling after ruling is coming in from different States that show this POS violated election laws to help steal the election for Biden! So when is his butt going to jail? Republicans investigate him and break up Facebook !

Zuckerbucks bought the 2020 election. The less money Meta has, the better for our democracy.

Go woke go broke.

Zuckerburg should be held liable for interfering with our election. He knew about Hunters laptop and agreed with the fbi to say it was misinformation. The fbi should be replaced as well.

Zuck be like “If I only had that half a BILLION that I dumped into 2020 back”

Die Facebook die.

FacistBook needs to remove Zuck for the sake of the investors.

Facebook truly needs to be a town hall without Pravda editorial standards.

About time.

There's no rest for the wicked. Mark Zuckerberg is wicked.

Go woke go broke

Maybe if they stopped with the woke shit Facebook could become profitable again. As they say, go woke, go broke. FreeSpeech

Facebook could be the next for new ownership. It's heading towards to the same path where Twitter was before

Karma for his deeds in the 2020 election.

This guy will be flipping pancakes at the end of the block where the Homeless hangout , who in the hell do you think you are !!!

Would not shed a tear if this blowhard loses everything.

Because Suckerberg is a censoring Nazi

Servicetweet Infotweet

Maybe Zuckerberg shouldn’t be banning conservatives

This clown needs to be bankrupted then prison

Suddenly the price of the meta pro vr goggles is $3,000 instead of $1500

None of my children are on Facebook. Apparently it’s for ‘old people’

Good! Zuck Sucks

Too bad facebook . Karma is a bitch for what you did the last election

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook Parent Meta Is Having A No-good, Horrible Day After Dismal Earnings ReportThe markets are reacting to news that a slowdown in digital advertising, new security protocols on Apple devices and a bet on the metaverse have all hurt Meta's bottom line.
Source: LAist - 🏆 606. / 51 Read more »

Facebook parent Meta is having a no-good, horrible day after dismal earnings reportThe company, which also owns Instagram and WhatsApp, has lost a half-trillion dollars in market value so far this year.
Source: WBUR - 🏆 274. / 63 Read more »

Why are Meta stocks plunging and what does it mean for Facebook?CEO Mark Zuckerberg, whom an expert said is 'betting everything on the Metaverse as the computing platform of the future,' warned profits would fall even more. Cuz Mark Zuckerberg is like an anthropomorphic ghoul penis and his company sucks and no one wants to be involved? Facebook is going down It means there’s going to be riots in ten days
Source: Newsweek - 🏆 468. / 52 Read more »

Facebook parent Meta is having a no-good, horrible day after dismal earnings reportMeta's stock has fallen by about 70%. It's now worth around $270 billion, roughly a third of its market capitalization of just under $900 billion a year ago. shanselman I assume FB stock is tanking because I refuse to buy a VR Headset from them ; ) (I deleted all my FB accounts 2 years ago) Your metaverse can't compete with Second Life
Source: NPR - 🏆 96. / 63 Read more »

Meta got bumped off world's top 20 companies' listInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Gooood. Next step: bump Meta off the surface of Earth BTCYN Do you guys think he went so hard on this because he was trying to make up for getting nixed by US Gov on Libra? You know that shit had to hurt. $META got swamped by Metaverse !
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meta selloff erases quarter of company's value after metaverse losses top $9 billionAfter reporting nearly $4 billion in quarterly losses pursuing its metaverse strategy, Meta sheds a quarter of its market cap amid investor selloff.
Source: TheBlock__ - 🏆 464. / 53 Read more »