Posted by LALA > 2022-02-04 08:30 | Report Abuse

Meh?

Posted by lamy92 > 2022-02-04 08:45 | Report Abuse

Dont invest sector tecnolgy until last years.. Impact revenue..not talking about buy on dip..

Posted by Fabien _the efficient capital allocator > 2022-02-04 11:07 | Report Abuse

What's happening to Meta? Let's break it down.

- Growth slowing/stagnant (daily active people at 2.8bil hardly grew q-o-q + daily active users down by 1mil. hardly surprising since myself didn't log in FB for months)

- Advertising revenue Q1 guidance of just 27-29bil (lower than 30.15bil expectations)

- Metaverse losses about 10bil in 2021 (potentially a long gestation period of 10 years + uncertain if it ever works out)

- Impact of iOS privacy changes - a 10bil loss in revenue in 2022

P/S: if you seek exposure to metaverse, Roblox is a much better bet.