_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 honda hrv india 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: 520K times
✓ Published: 26-Apr-2024
👁 View: 520K 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
_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 \")
_alcohol-related-deaths-rise-by-25-in-three-years.webp "The rise represents an overall increase of 33% compared with 2019 - the biggest jump since records began in 2001.")
_co-op-live-prices-for-drinks-revealed-as-shocked-visitors-pay-8-95-for-pints.webp "Visitors to the new CO-OP Live arena which opened its doors for the first time this weekend have shared price lists for drinks – with many shocked at the £8.95 listing for some pints.<br/><br/><br/>'Ow much for a pie and pint?!")
_queensland-parliamentary-probe-into-supermarket-pricing-begins-in-bundaberg.webp "Protections from what's been described as \")
_sanders-launches-senate-investigation-into-sky-high-ozempic-and-wegovy-drug-prices.webp "Senator Bernie Sanders launched a Senate investigation into the \")
_ary-news-10-pm-headlines-124-27th-april-2024-124-sindh-police-big-news.webp "#sindhpolice #igsindhpolice #kshmor #headlines <br/><br/>Power Division clears the air on solar power tax<br/><br/>PM Shehbaz leaves for Saudi Arabia on two-day visit<br/><br/>Electricity bills to surge as govt set to privatize Discos<br/><br/>Only PTI founder can decide on protest in Islamabad: Gandapur<br/><br/>Court cancels Mahmood Khan Achakzai’s arrest warrants<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
_how-solar-panels-can-lower-your-energy-bills.webp "Solar-panel installation firms are reporting a four-fold increase in orders in comparison to previous years. Ruth Jackson-Kirby explains how solar can help keep your energy bill down.")
_ary-news-11-pm-headlines-124-27th-april-2024-124-protest-in-europe-us-latest-news.webp "#Israelagainstprotest #Americancitizen #Istanbul #headlines <br/><br/>Power Division clears the air on solar power tax<br/><br/>PM Shehbaz leaves for Saudi Arabia on two-day visit<br/><br/>Electricity bills to surge as govt set to privatize Discos<br/><br/>Only PTI founder can decide on protest in Islamabad: Gandapur<br/><br/>Court cancels Mahmood Khan Achakzai’s arrest warrants<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
_trump-media-amp-technology-group39s-stock-surges-9-amid-ceo39s-call-for-investigation.jpg)
_alcohol-related-deaths-rise-by-25-in-three-years.jpg)
_co-op-live-prices-for-drinks-revealed-as-shocked-visitors-pay-8-95-for-pints.jpg)
_queensland-parliamentary-probe-into-supermarket-pricing-begins-in-bundaberg.jpg)
_sanders-launches-senate-investigation-into-sky-high-ozempic-and-wegovy-drug-prices.jpg)
_ary-news-10-pm-headlines-124-27th-april-2024-124-sindh-police-big-news.jpg)
_how-solar-panels-can-lower-your-energy-bills.jpg)
_ary-news-11-pm-headlines-124-27th-april-2024-124-protest-in-europe-us-latest-news.jpg)
![[+]](/images/menu.gif){kind=small}