Meta’s Spiralling Rout Puts It on Brink of Losing Top 20 Status

Bloomberg2022-10-27

Company has lost $520 billion in market value in past yearMetaverse spending, revenue decline trigger share-price plungeMeta announced its shift to investing in virual reality a year ago.Photographer:...

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Comments

Ichua
2022-10-27
Ichua
Oh no
aaffsmcjje
2022-10-27
aaffsmcjje
Buy
WJ77
2022-10-27
WJ77
🥲
- Ichua:
  Haha
gks788
2022-10-27
gks788
Big bet by Zack. Winner takes all.
- KH321:
  OK
aaffsmcjje
2022-10-27
aaffsmcjje
$80 i buy
AlanChong
2022-10-27
AlanChong
😱Should not hold it
- SmallYang:
  agree

Leave a comment

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But there’s no sign of those bets paying off any time soon.Meta announced its shift to investing in virual reality a year ago, along with a name change of the company from Facebook Inc. to Meta Platforms. The company said  Wednesday it expects total expenses for this year to be $85 billion to $87 billion.For 2023, that number will grow to an expected $96 billion to $101 billion. 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Winner takes all.","listText":"Big bet by Zack. Winner takes all.","text":"Big bet by Zack. Winner takes all.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986045313","repostId":2278501550,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104542852,"gmtCreate":1666914301880,"gmtModify":1666914305096,"authorId":3586451610703869,"author":{"id":3586451610703869,"idStr":"3586451610703869","authorId":3586451610703869,"name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986045313,"type":1,"supId":0,"prevId":0,"content":"<u>OK</u>","text":"<u>OK</u>","html":"<u>OK</u>"}],"langContent":"EN"},{"id":9986042549,"gmtCreate":1666865733381,"gmtModify":1676537819304,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"htmlText":"$80 i buy&nbsp;","listText":"$80 i buy&nbsp;","text":"$80 i buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986042549","repostId":2278501550,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9986041852,"gmtCreate":1666864716276,"gmtModify":1676537819120,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"😱Should not hold it","listText":"😱Should not hold it","text":"😱Should not hold it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986041852","repostId":2278501550,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104536612,"gmtCreate":1666873225048,"gmtModify":1666873228501,"authorId":4088082610944870,"author":{"id":4088082610944870,"idStr":"4088082610944870","authorId":4088082610944870,"name":"SmallYang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986041852,"type":1,"supId":0,"prevId":0,"content":"<u>agree</u>","text":"<u>agree</u>","html":"<u>agree</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":45,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2278501550"}