The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased about US$251.3 billion (S$337.8 billion) in market value. That's the biggest wipeout in market value for any US company ever.And while the stock could certainly bounce back in coming days, especially given the volatility that's gripped the technology sector this year, the mood on Wall Street has turned decidedly bleak on the long-time market darling.Analysts are pointing to the stiff competition that Meta now faces from rivals and to the fact that revenue was below expectations as causes for concern. Michael Nathanson, an analyst at brokerage Moffett Nathanson, titled his note "Facebook: The Beginning of the End?""These cuts run deep," he wrote. The results were "a headline grabber
What happens to your stocks when Russia invades Ukraine ?
Recent rising tensions between the U.S. and Russia have undoubtedly impacted the financial markets. The S&P 500 is nearing ten percent off its high. As an discussed, we share look at the performance of the S&P 500 after a ten percent correction. Setting aside the human tragedy from these events, should investors sell stocks due to this risk?Looking at twenty-nine significant geopolitical crises beginning with the Second World War should help answer this question. On average, stocks are higher by three months after a geopolitical shock, and in sixty-six percent of the events, stocks were higher after only one month. The odds that stocks will be higher increases as time passes after the event. In addition, stocks sometimes jump sharply after a crisis, so getting out of the market cou
Recent rising tensions between the U.S. and Russia have undoubtedly impacted the financial markets. The S&P 500 is nearing ten percent off its high. As an discussed, we share look at the performance of the S&P 500 after a ten percent correction. Setting aside the human tragedy from these events, should investors sell stocks due to this risk?Looking at twenty-nine significant geopolitical crises beginning with the Second World War should help answer this question. On average, stocks are higher by three months after a geopolitical shock, and in sixty-six percent of the events, stocks were higher after only one month. The odds that stocks will be higher increases as time passes after the event. In addition, stocks sometimes jump sharply after a crisis, so getting out of the market cou