[HN Gopher] Facebook share price down 20% after earning miss
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       Facebook share price down 20% after earning miss
        
       Author : boto3
       Score  : 28 points
       Date   : 2022-02-02 21:50 UTC (1 hours ago)
        
 (HTM) web link (finance.yahoo.com)
 (TXT) w3m dump (finance.yahoo.com)
        
       | MerelyMortal wrote:
       | Duplicate (older with more comments):
       | https://news.ycombinator.com/item?id=30184104
        
       | xqcgrek2 wrote:
       | Seems like the decade long tech bubble is finally popping
        
         | systemvoltage wrote:
         | Google posted earnings yesterday and stock popped by 10%. This
         | is more to do with FB than tech bubble FUD. Also they broke out
         | the reality labs division for the first time, presumably
         | indicating not-so-rosy picture of what FB is betting on in the
         | future with Meta verse.
        
           | xqcgrek2 wrote:
           | Google is down on FB earnings. The market has strong
           | correlations.
        
       | zipiridu wrote:
       | Facebook is facing competition from TikTok and will have a very
       | hard time breaking their momentum. Always go long Google and
       | short Facebook.
        
       | boto3 wrote:
       | Seems like the metaverse is not selling well to the Wall street
       | in the real universe :)
        
         | missedthecue wrote:
         | Probably means it's going to pay off in spades.
        
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       (page generated 2022-02-02 23:02 UTC)