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Meta s profit last quarter, the number of users did not meet the forecast Q1 revenue prospects fell 23% after the market | Anue Juheng

Meta s profit last quarter, the number of users did not meet the forecast Q1 revenue prospects fell 23% after the market | Anue Juheng
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Markets hammer Facebook stock 25%, valuation tanks $230 bn; Zuck slips behind Ambani, Adani

The pivot to Meta isn t helping Mark Zuckerberg s Facebook. Markets directed their wrath on missing fundamentals - a sharper-than-expected decline in profits and a gloomy outlook - in the first earnings report of the newly christened company .

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