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META (FB) Tanks --Internet Follows NEW UPDATE!

Graybeard

Well-Known Member
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Karma comes back to bite

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Apple device tracking and Metaverse development losses led the way they say
FB stockholders lose $200 Billion in capitalized value.

Mark Zuckerburg lost over $26 Billion overnight ... Bet he's butt-hurt this morning :D

I didn't lose but the overall NASDAQ is down some 2.27%(premarket now)
 
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Blood in the water :D:D

When something as useless (pointless) as Facebook can mess up the market as a whole --there is something seriously wrong
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roll the dice --depends on your time frame

Yes, no doubt. But it may be worth a little bit of trial, and watch for the signals of a rebound before it happens. It only takes a couple of sudden rallies to bring them back sometimes.
 
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Mark Zuckerberg’s social media giant dropped 40 per cent after the company reported that Facebook’s daily user base shrank for the first time ever by one million users earlier this month.

The news destroyed $240 billion of market value for the company, the largest loss in US history, with Mr Zuckerberg himself losing $36 billion in net worth.

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What a big loss !! but HOLD ON!!! He's not among the 10th richest men on Forbes now??????
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1 million users per 3 billions will cause a 40 percent loss?? Huh?
Meta already increased the investment in Metaverse .. that'a also a reason, Apple's privacy update also might affect (As Mark said)
Not only Meta .. Twitter and Snapchat suffered this year form the intense competition with >>>Tik Tok<<<

- Samira
 
Hey --they are only paper losses --right?
Point is the market judgment that has come down is on the future value of Meta FB.
Zuck has new competition Trumpins --he will probably be crying about them next!

Total clown show this month
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Caveat emptor
 
They'll try to recover, but it will be a long haul and not as productive. The cash cow has become tamed to some degree and at great expense to everyone!
 
Buy the dip :D
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Not looking good at all ... Watch for membership activity reports --maybe it is just the stock market right now? Market was been a crusin' for brusin' experience this month in general.

AI says:
{"newText":"Doesn't look good at all... Keep an eye out for reports on member activity - maybe it's the stock market right now? The market has generally been a crushing-for-brushing experience this month."}
 
Some of it is the new European laws targeting social media platforms. U.S. platforms are facing the same thing here soon and I think the market is reacting a little early to it all.
 
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MI
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