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Problems at facebook could be running deep. But first they just had their first ever ever revenue decline and they've lowered their earnings guidance by 10. That comes as zuckerberg. Says.
The economy is worse than it was last quarter. And this is leading a lot of folks to wonder wait a minute is it actually the economy that's getting it worse or is it facebook that's losing. It mark zuckerberg. Thinks the future is augmented reality and the metaverse yet markets don't agree so.
Far their augmented. Reality company reality. Labs lost 28. Billion dollars versus making 452 million dollars.
That's bad and their ad pricing has declined. 14. Which means they're cramming in more ads while getting less user engagement combined with lower forecasts yikes facebook could be a red flag for the economy or it's the sign of a failing business they cut expenses by one billion dollars. And they're still promising a new vr headset at the end of the year.
But i don't know if this is a company i want to invest in what do you think go to medkevincom. Join to learn more about building your wealth.
The problem is that Mark has too much power in the company and he wants to pursuit this grand vision of a Metaverse instead of actually listening to what people want.
Kevin you need to WAKE UP.
SCHMUCKBOOK HAS BEEN AS WORTHLESS AS TWITTER FOR A LOOONG TIME NOW.
YOU DON'T SEEM TI BE IN THE K NOW.
META IS DEAD
👍👍👍👍👍👍👍👍
Mark will step down a CEO 👍
Go woke go broke
the content in FB is purely shit.
Facebook is done for, next please
Deleted Facebook a long time ago. Never looked back.
FB is now where older adults go to complain. Not precisely the market for VR. Most people in their 20s and early thirties don't have active accounts. If facebook wants to increase revenue then they need to get advertisements for Bengay and life insurance.
Facebook is one of the most useless social media platforms and is completely ignored by most people under 40.
People are still on Facebook? Yikes!
Lmfao Kevin is a complete idiot. He’s lost so much money it’s not even funny. He refuses to show his total returns prior to 2020. The guy is a terrible investor
it all started when FB start messing around with peoples PRIVACY.
Why it did not crash AH?
I work at a company recently acquired by meta…all I can say is, I don't expect to have this job for more than a year or two. They're so overly occupied with being woke and you know where that leads…
As an old school gamer Virtual reality is nowhere near as appealing as Meta and other companies believe. VR as of now sucks compared to real gaming. Like the internet I believe they'll make more money off VR porn before VR gets serious about gaming.
Failing Business…
Good! Stealing elections should be illegal. I quit Facebook just after the election fiasco.
Feel bad for Jeremy he does some good picks but feel like he is using himself as too much of a indicator for some of his picks
Wait untill they get investigated over tHe 500 million pumped into the LIBERAL ELECTION SCAM. 😳
FACEBOOK is done , 50% stock drop. The Meta verse ??? 😅🤣😅🤣 The fad is over.
Thanks Kevin, you rock!
Zuck shouldn't have spent $500 million to get Joe elected.
Meta will survive, ad rev is down as people spend on experiences. the Metaverse will be the future (at least in education, business meetings and gaming )
Well I tried to spend $500 with them on campaigns and they flagged all my ads lol sooo maybe they just don't want my money. Also can't get ahold of a person there to straighten out issues but should be easy to fix.
Stay away from Facebook and Twitter. Bunch of fake bots.
Haven’t had faith in FB for a long time
FB lost it a long time ago.
No one is on FB anymore when ones the last time someone said "hey whats your facebook will add you"