Good

Good, let it burn

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Other urls found in this thread:

businessinsider.com/meta-q4-earnings-largest-ever-one-day-wipeout-190-billion-2022-2
twitter.com/NSFWRedditVideo

qrd?

About time. But this feels like a false flag event. Like something worse is coming.

If I had to guess.

businessinsider.com/meta-q4-earnings-largest-ever-one-day-wipeout-190-billion-2022-2

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I hope he kills himself

He's already dead inside

A bad earnings report caused Meta stock to lose so much value that it single handedly took 2% of the S&P 500

A tiny excerpt from an article the above links

>Facebook's parent company Meta reported daily active user numbers of 1.929 billion over the last three months of 2021. In Q3 of 2021, it reported an average of 1.93 billion active users.
>This means it lost roughly 1 million users over that period.
>Facebook stock plunged 22% in premarket trading following its Q4 earnings.

You heard right, a user number change of ~ -0.05% caused the alleged ""value"" of facebook to drop by a quarter.

If it kills shiticon valley then whats gonns replace it? china?

Clearly it was overvalued.

No. Texas.

make sure to buy the dip of meta

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"was"?

This. Austin, Dallas, and Houston are fucking booming in tech. Elon Musk moving everything over to Texas is massive. Tons of space and aeronautical companies there, as well as every big company. Huge startup scene too.
The only reason it hasn't overtaken Silicon Valley yet is because it's geographically harder/more expensive to import Indians to Texas than it is to California

Facebook has always been vulnerable and everyone knows it. When social media sites die it can happen extremely rapidly and we've seen multiple examples of this, though none as big as facebook. There's very little real faith in facebook the company because after all these years and all these attempts to diversify, they totally failed.

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Yeah but I want him in Hell now

CRASHING THIS MARKET

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It doesn't really matter how manu users had lost, the face It isn't growing is enough ti drop in value

facebook-the-website is going the way of the dodo. Everyone with a lick of sense knows this. The fact that in the past I have had to argue about this with some delusional boomers just goes to show the gap in basic media literacy between generations. That aside, the company can cling to instagram... for now.

okay facebook going down but instagram and whatsapp still popular right?

Good riddance, go to hell adbook!

Non tech stocks are already down the toilet, inflation is raging, the money printers are on overdrive ever since 2008, there's a shortage of all raw materials all at once, and shipping capacity. Oh and ww3 in Ukraine against Russia itself this time, no dumb proxies. With the US totally unprepared for war, and china+ussr leaving us dead in the water with an efficient army while we were debating which pronouns do attack helicopter gendered people in the army gets called.

Best case is an economic collapse far worse than 2008 was. Worst case: start packing and run.