_meta39s-stock-plummets-19-after-earnings-call-wiping-out-36200-billion-in-market-value.jpg "Meta's Stock Plummets 19% After Earnings Call, Wiping Out $200 BILLION in Market Value from fuji x100v price Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 375K times
✓ Published: 26-Apr-2024
👁 View: 375K times
✓ Published: 26-Apr-2024
Description:
Meta's stock price dropped nearly 19% after hours on Wednesday, wiping out over $200 billion in market value following the company's first-quarter earnings call. On the call, Meta CEO Mark Zuckerberg spent most of his opening remarks focusing on the company's investments in AI and the metaverse rather than advertising, which currently generates 98% of revenue. Zuckerberg discussed projects like Meta AI, augmented reality glasses, and the company's mixed reality headset operating system, which could enable future monetization.
Meta's stock price dropped nearly 19% after hours on Wednesday, wiping out over $200 billion in market value following the company's first-quarter earnings call. On the call, Meta CEO Mark Zuckerberg spent most of his opening remarks focusing on the company's investments in AI and the metaverse rather than advertising, which currently generates 98% of revenue. Zuckerberg discussed projects like Meta AI, augmented reality glasses, and the company's mixed reality headset operating system, which could enable future monetization.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_tesla-stock-soars-12-as-elon-musk-promises-more-affordable-electric-vehicles.webp "Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.")
_alcohol-deaths-could-a-minimum-unit-price-policy-for-alcohol-be-introduced-to-the-rest-of-the-uk.webp "The rise in alcohol linked deaths comes as health experts welcomed an increase to the Scottish minimum unit price policy for alcohol - could England and Wales follow suit?")
⏲ 2:0 👁 325K
_microsoft-backed-rubrik-surpasses-expectations-with-ipo-pricing-at-3632-per-share.webp "Data management software company Rubrik priced its IPO at $32 per share, above its expected range. The company raised $752 million by selling 23.5 million shares in its debut on the NYSE, valuing Rubrik at $5.6 billion. Rubrik provides cloud-based cybersecurity software for data protection, backup and recovery, and ransomware prevention. Major backers include Microsoft, which invested in 2021, and Lightspeed Venture Partners, which will retain over 25% voting power. Rubrik is one of the first notable tech IPOs of 2024 following Reddit and Astera Labs earlier this year.")
_ibm-stock-plummets-as-disappointing-q1-sales-growth-as-it-aims-to-boost-revenue-and-profit-margins-with-366-4-billion-ha.webp "IBM's stock price dropped 9% after hours as its first-quarter sales growth of 1% to $14.5 billion disappointed investors. IBM's consulting division, it's second-largest, reported flat revenues of $5.2 billion, reflecting a \")
_mahindra-treo-with-metal-body-osm-stream-city-qik-montra-electric-new-partner-onev-add-more-autos.webp "hello friends welcome back to Sunday Electric Three Wheeler News 27....<br/>I hope you enjoy this video then Subscribe for daily Videos and updates about Electric Auto Rickshaws.<br/><br/>Follow us on<br/>************<br/>Instagram:➤ https://www.instagram.com/shabuewheels<br/>Twitter:➤ https://twitter.com/shabuwheels<br/>WhatsApp Channel:➤https://bit.ly/40GRrOv<br/>Daily EV News :➤ https://bit.ly/3zt2WeY<br/>Facebook :➤ https://www.facebook.com/shabuEwheels<br/>Telugu:➤ https://bit.ly/3pZyeaf<br/><br/><br/>Highlights:▼<br/>=================================<br/><br/><br/>#electricauto #shabuwheels #autorickshaw #electricthreewheeler #electricvehicles #ev #autonews #electricautorickshaw #streamcityqik #mahindratreometalbody")
Mahindra Treo with Metal body, OSM Stream City Qik, Montra Electric new partner, ONEV add more autos
⏲ 3:37 👁 245K
_oracle-ceo-reveals-ambitious-plans-for-nashville-headquarters-this-is-not-your-typical-corporate-campus.webp "Oracle CEO Larry Ellison announced the company's future headquarters in Nashville, TN, will include office buildings, a community clinic, restaurants, hotels, and a concert venue on a 70-acre site. The campus will have a \")
⏲ 0:45 👁 490K
_2024-premier-league-of-darts-liverpool-preview-ive-been-waiting-since-we-beat-them-in-the-fa-cup-manchester-united-fan-l.webp "As the Premier League of Darts is gearing up to head to Liverpool for night 13 of what has so far been an epic season, we’re hearing from darting sensation Luke Littler, as he’s been buzzing to face a raucous crowd on Merseyside.")
_trump-media-amp-technology-group39s-stock-surges-9-amid-ceo39s-call-for-investigation.webp "Trump Media & Technology Group's stock price jumped over 9% after the company's CEO, Devin Nunes, asked House GOP leaders to investigate possible \")
_tesla-stock-soars-12-as-elon-musk-promises-more-affordable-electric-vehicles.jpg)
_alcohol-deaths-could-a-minimum-unit-price-policy-for-alcohol-be-introduced-to-the-rest-of-the-uk.jpg)
_microsoft-backed-rubrik-surpasses-expectations-with-ipo-pricing-at-3632-per-share.jpg)
_ibm-stock-plummets-as-disappointing-q1-sales-growth-as-it-aims-to-boost-revenue-and-profit-margins-with-366-4-billion-ha.jpg)
_mahindra-treo-with-metal-body-osm-stream-city-qik-montra-electric-new-partner-onev-add-more-autos.jpg)
_oracle-ceo-reveals-ambitious-plans-for-nashville-headquarters-this-is-not-your-typical-corporate-campus.jpg)
_2024-premier-league-of-darts-liverpool-preview-ive-been-waiting-since-we-beat-them-in-the-fa-cup-manchester-united-fan-l.jpg)
_trump-media-amp-technology-group39s-stock-surges-9-amid-ceo39s-call-for-investigation.jpg)
![[+]](/images/menu.gif){kind=small}