Friday, February 04, 2022

Historical fall of Meta: its shares sank 27% and it lost US$230 billion of market capitalization

Investors responded to a quarterly balance that showed a reduction in users for the first time in 18 years, although it was just 0.05% lower. For analysts, the financial factor is important here, stressed by the upcoming rise in interest rates in the US.

A perfect storm hit Meta and other tech companies. It is not only about financial questions but also about doubts relating to the future of these firms.

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Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

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Brasil · Pay TV · Free to Air TV - TDT22/04/2024

Brazilian linear TV seeks to reconvert to avoid its extinction

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Mobile core network market grew 32% in Q1

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Claro presents Q1 Telecom results to Argentina's CNDC

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