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Facebook parent Meta saw its stock price plunge over 20 percent intraday on Oct. 27 amid broader carnage in U.S. tech stocks as investors pulled back amid the impact of soaring inflation on ad spending.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Facebook (META) shared its Q3 2022 earnings report today with mention of Reality Labs losing $3.67 billion during the quarter with future losses expected to grow year-over-year.
Meta has spent $15 billion on the Metaverse - but how? The company is not willing to reveal its expenditure and this worries investors.
Speakers, developer session, and a potential sneak peak at Meta's newest VR headset.