Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History

Bloomberg2022-02-04

(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...

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Comment（86）

Steven Tay
·2022-02-05
Nice
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Mml
·2022-02-04
Informative
Reply
2
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Handoko
·2022-02-04
👌🏻
Reply
1
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TradeXedarT
·2022-02-04
Time to load up
Reply
1
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JTA
·2022-02-04
Meta sounds funny already... likewise for the logo.. like a twisted underwear when I take down before bathing hahah
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3
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koolgal
·2022-02-04
Meta Platforms may have plunged 26% in just 1 day but it is just a reflection of the negative sentiments in the markets currently. If you believe in Metaverse and the future of Meta Platforms, it is a great opportunity to bargainhunt. However it may be a long term hold. Go Meta! 🚀🚀🚀🌙🌙🌙
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14
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Donald TH
·2022-02-04
[Cry] [Gosh]
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2
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苗派
·2022-02-04
Biggest Wipeout in History 😱😱 Is the FB growth story still valid ?
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1
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ASMH
·2022-02-04
Like
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2
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prettysongbk
·2022-02-04
sad
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7
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JeanA
·2022-02-04
Yes
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2
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VivianChua
·2022-02-04
Hope today is up
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4
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BigThumb
·2022-02-04
Waa 😭
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2
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PrimeBlue
·2022-02-04
I believe META would recover very soon. This is just a glitch in the armour for them
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2
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angelo0908
·2022-02-04
Temporary
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2
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LimLS
·2022-02-04
FB is facing tougher challenges ahead. It's not going to be an easy road ahead with its losing popularity and many other social media platforms are coming to share the advertisement revenue pie. FB still have the advantage of its huge accounts numbers so it will be up them to turn things around. It's PE is definitely getting attractive and will be worth a small bet.
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4
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Lulup
·2022-02-04
good
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2
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TeckV
·2022-02-04
Great chance to buy[LOL]
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2
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Gledz
·2022-02-04
If fb is going to focus on their version of "metaverse" I'll be worried. 'Metaverse' should be aconcept of shared worlds, definitely not owned by 1 corporate giant...
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CherryPang
·2022-02-04
Now is good time to buy
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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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9098365337,"gmtCreate":1644027080258,"gmtModify":1676533883485,"author":{"id":"4099285253763630","authorId":"4099285253763630","name":"Steven Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4099285253763630","authorIdStr":"4099285253763630"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098365337","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098047304,"gmtCreate":1643985328020,"gmtModify":1676533878728,"author":{"id":"3584863771682470","authorId":"3584863771682470","name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584863771682470","authorIdStr":"3584863771682470"},"htmlText":"Informative&nbsp;","listText":"Informative&nbsp;","text":"Informative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098047304","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098056086,"gmtCreate":1643982286882,"gmtModify":1676533878268,"author":{"id":"4099864714926520","authorId":"4099864714926520","name":"Handoko","avatar":"https://static.tigerbbs.com/9890fec8f477f8bc166d5453e7ce66f8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"idStr":"4099864714926520","authorIdStr":"4099864714926520"},"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098056086","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098094649,"gmtCreate":1643961151903,"gmtModify":1676533876584,"author":{"id":"3576200971552042","authorId":"3576200971552042","name":"TradeXedarT","avatar":"https://community-static.tradeup.com/news/5487404dd40db685ae874197aafdca47","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3576200971552042","authorIdStr":"3576200971552042"},"htmlText":"Time to load up","listText":"Time to load up","text":"Time to load up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098094649","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098005544,"gmtCreate":1643957071452,"gmtModify":1676533876322,"author":{"id":"3572695424628553","authorId":"3572695424628553","name":"JTA","avatar":"https://static.tigerbbs.com/c3a7e41492b5f3bbd2fa7ab2de897cb0","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3572695424628553","authorIdStr":"3572695424628553"},"htmlText":"Meta sounds funny already... likewise for the logo.. like a twisted underwear when I take down before bathing hahah","listText":"Meta sounds funny already... likewise for the logo.. like a twisted underwear when I take down before bathing hahah","text":"Meta sounds funny already... likewise for the logo.. like a twisted underwear when I take down before bathing hahah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098005544","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098005640,"gmtCreate":1643956812325,"gmtModify":1676533876337,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Meta Platforms may have plunged 26% in just 1 day but it is just a reflection of the negative sentiments in the markets currently.&nbsp; If you believe in Metaverse and the future of Meta Platforms, it is a great opportunity to bargainhunt.&nbsp; However it may be a long term hold. Go Meta! 🚀🚀🚀🌙🌙🌙","listText":"Meta Platforms may have plunged 26% in just 1 day but it is just a reflection of the negative sentiments in the markets currently.&nbsp; If you believe in Metaverse and the future of Meta Platforms, it is a great opportunity to bargainhunt.&nbsp; However it may be a long term hold. Go Meta! 🚀🚀🚀🌙🌙🌙","text":"Meta Platforms may have plunged 26% in just 1 day but it is just a reflection of the negative sentiments in the markets currently. If you believe in Metaverse and the future of Meta Platforms, it is a great opportunity to bargainhunt. However it may be a long term hold. Go Meta! 🚀🚀🚀🌙🌙🌙","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098005640","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9098006880,"gmtCreate":1643956196859,"gmtModify":1676533876273,"author":{"id":"4100233072020540","authorId":"4100233072020540","name":"Donald TH","avatar":"https://static.tigerbbs.com/7bf62494f626cbc350515aa9d36ccc07","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1,"idStr":"4100233072020540","authorIdStr":"4100233072020540"},"htmlText":"[Cry]&nbsp;[Gosh]&nbsp;","listText":"[Cry]&nbsp;[Gosh]&nbsp;","text":"[Cry] [Gosh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098006880","repostId":2208431531,"repostType":2,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091774090,"gmtCreate":1643953576587,"gmtModify":1676533875981,"author":{"id":"3579215816370312","authorId":"3579215816370312","name":"苗派","avatar":"https://static.itradeup.com/news/3e240c0ff43f51cf950707d226f79472","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3579215816370312","authorIdStr":"3579215816370312"},"htmlText":"Biggest Wipeout in History 😱😱 Is the FB&nbsp;growth story still valid ?&nbsp;","listText":"Biggest Wipeout in History 😱😱 Is the FB&nbsp;growth story still valid ?&nbsp;","text":"Biggest Wipeout in History 😱😱 Is the FB growth story still valid ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091774090","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091774964,"gmtCreate":1643953576584,"gmtModify":1676533875958,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091774964","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091745543,"gmtCreate":1643951400861,"gmtModify":1676533875700,"author":{"id":"4095759201622640","authorId":"4095759201622640","name":"prettysongbk","avatar":"https://static.tigerbbs.com/88ac06c4861b9c5d61510736f27ebfb6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4095759201622640","authorIdStr":"4095759201622640"},"htmlText":"sad","listText":"sad","text":"sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091745543","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091746950,"gmtCreate":1643950913749,"gmtModify":1676533875629,"author":{"id":"3577587999544687","authorId":"3577587999544687","name":"JeanA","avatar":"https://static.tigerbbs.com/bacc64b91297751dc5ec2ea2b291ee87","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577587999544687","authorIdStr":"3577587999544687"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091746950","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091748274,"gmtCreate":1643950761563,"gmtModify":1676533875622,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3580011914778910","authorIdStr":"3580011914778910"},"htmlText":"Hope today is up","listText":"Hope today is up","text":"Hope today is up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091748274","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091741793,"gmtCreate":1643950561892,"gmtModify":1676533875598,"author":{"id":"3581996485604595","authorId":"3581996485604595","name":"BigThumb","avatar":"https://static.tigerbbs.com/d9366427dbceb4a03b5342d31b6c3aaa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581996485604595","authorIdStr":"3581996485604595"},"htmlText":"Waa 😭&nbsp;","listText":"Waa 😭&nbsp;","text":"Waa 😭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091741793","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091743426,"gmtCreate":1643950106654,"gmtModify":1676533875582,"author":{"id":"4100873749187500","authorId":"4100873749187500","name":"PrimeBlue","avatar":"https://static.tigerbbs.com/7ad38f4e49566a36d2382e4e7b42a0ac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"4100873749187500","authorIdStr":"4100873749187500"},"htmlText":"I believe META would recover very soon. This is just a glitch in the armour for them&nbsp;","listText":"I believe META would recover very soon. This is just a glitch in the armour for them&nbsp;","text":"I believe META would recover very soon. This is just a glitch in the armour for them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091743426","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091743872,"gmtCreate":1643950009727,"gmtModify":1676533875574,"author":{"id":"4097296316103040","authorId":"4097296316103040","name":"angelo0908","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4097296316103040","authorIdStr":"4097296316103040"},"htmlText":"Temporary","listText":"Temporary","text":"Temporary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091743872","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091743047,"gmtCreate":1643949768835,"gmtModify":1676533875566,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3572923586954779","authorIdStr":"3572923586954779"},"htmlText":"FB is facing tougher challenges ahead. It's not going to be an easy road ahead with its losing popularity and many other social media platforms are coming to share the advertisement revenue pie. FB still have the advantage of its huge accounts numbers so it will be up them to turn things around. It's PE is definitely getting attractive and will be worth a small bet.&nbsp;","listText":"FB is facing tougher challenges ahead. It's not going to be an easy road ahead with its losing popularity and many other social media platforms are coming to share the advertisement revenue pie. FB still have the advantage of its huge accounts numbers so it will be up them to turn things around. It's PE is definitely getting attractive and will be worth a small bet.&nbsp;","text":"FB is facing tougher challenges ahead. It's not going to be an easy road ahead with its losing popularity and many other social media platforms are coming to share the advertisement revenue pie. FB still have the advantage of its huge accounts numbers so it will be up them to turn things around. It's PE is definitely getting attractive and will be worth a small bet.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091743047","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091740340,"gmtCreate":1643949329240,"gmtModify":1676533875519,"author":{"id":"3565388060054436","authorId":"3565388060054436","name":"Lulup","avatar":"https://static.tigerbbs.com/5bd91320845c61e8df5d3fb4163d4d92","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3565388060054436","authorIdStr":"3565388060054436"},"htmlText":"good&nbsp;","listText":"good&nbsp;","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091740340","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091757785,"gmtCreate":1643949311197,"gmtModify":1676533875511,"author":{"id":"3572215217841641","authorId":"3572215217841641","name":"TeckV","avatar":"https://static.tigerbbs.com/d5c1d93fdce0904aa31084e14cd89a73","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3572215217841641","authorIdStr":"3572215217841641"},"htmlText":"Great chance to buy[LOL]&nbsp;","listText":"Great chance to buy[LOL]&nbsp;","text":"Great chance to buy[LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091757785","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091757416,"gmtCreate":1643949270942,"gmtModify":1676533875511,"author":{"id":"3582898925862392","authorId":"3582898925862392","name":"Gledz","avatar":"https://static.itradeup.com/news/e24dcfee4ac6a9b12b798d6bfc21e875","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582898925862392","authorIdStr":"3582898925862392"},"htmlText":"If fb is going to focus on their version of \"metaverse\" I'll be worried. 'Metaverse' should be aconcept of shared worlds, definitely not owned by 1 corporate giant...&nbsp;","listText":"If fb is going to focus on their version of \"metaverse\" I'll be worried. 'Metaverse' should be aconcept of shared worlds, definitely not owned by 1 corporate giant...&nbsp;","text":"If fb is going to focus on their version of \"metaverse\" I'll be worried. 'Metaverse' should be aconcept of shared worlds, definitely not owned by 1 corporate giant...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091757416","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091757892,"gmtCreate":1643949041528,"gmtModify":1676533875503,"author":{"id":"3579242284896142","authorId":"3579242284896142","name":"CherryPang","avatar":"https://static.tigerbbs.com/72256d5f02e9431fb7df955e5b3418f8","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3579242284896142","authorIdStr":"3579242284896142"},"htmlText":"Now is good time to buy","listText":"Now is good time to buy","text":"Now is good time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091757892","repostId":2208431531,"repostType":4,"repost":{"id":"2208431531","kind":"news","pubTimestamp":1643933682,"share":"https://ttm.financial/m/news/2208431531?lang=&edition=fundamental","pubTime":"2022-02-04 08:14","market":"us","language":"en","title":"Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2208431531","media":"Bloomberg","summary":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Faceb","content":"<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Owner Meta Erases $251.3 Billion in Value, Biggest Wipeout in History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.The Facebook owner plunged 26 percent on Thursday (Feb 3) on the back of woeful earnings results, and erased ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4534":"瑞士信贷持仓","BK4566":"资本集团","BK4503":"景林资产持仓","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"source_url":"https://www.straitstimes.com/business/companies-markets/facebook-owner-meta-erases-338-billion-in-value-biggest-wipeout-in-history","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208431531","content_text":"(BLOOMBERG) - Meta Platforms' one-day crash now ranks as the worst in stock-market history.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 and not in a good way.\"The sheer size of Facebook's collapse illustrates just how tech companies have ballooned in size to become behemoths with unprecedented market power, and the drama that can ensue when they stumble.\"Lots of US megacaps are priced as growth stocks. They may suffer more in a rising yield environment, especially if growth becomes more questionable,\" said Frederic Rollin, senior investment advisor at Pictet Asset Management.Meta \"finds itself in the middle of a perfect storm,\" wrote Youssef Squali, an analyst at Truist Securities.Twitter, Snap and Pinterest all closed lower on Thursday and dragged the Nasdaq Index down 4.2 per cent, its worst sell-off since September 2020. Meta shares rose 1.4 per cent after hours.Meta's market cap as of Wednesday's close stood at roughly US$900 billion. The company makes up one of the original FAANG cohort of tech megacaps, including Google's parent Alphabet., Amazon.com and Apple.It's not the first time Meta shares have dropped dramatically. The stock plunged 19 per cent in July 2018 on a slowdown in user growth, translating to a about US$120 billion decline in market capitalisation. At the time, it set the record for the largest-ever loss of value in one day for a US traded company.\"We're hopeful the company kitchen-sinked the outlook,\" said Shyam Patil, an analyst at Susquehanna Financial Group.More On This TopicFacebook parent Meta sheds US$200 billion in stock plummetMark Zuckerberg loses US$29 billion in a day as Meta shares crash","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":914,"commentSize":86,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}