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TheNightOwl
on February 15, 2022
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Meta Platforms: Trump's Truth Social Is A Big Problem
Summary:
Meta Platforms crashed 26% after a weak earnings release and erased $250 billion in market cap overnight.
Meta CEO Mark Zuckerberg stressed the importance of focusing on video in the future due to the recent dominance of TikTok.
Donald Trump's Truth Social platform will launch by the end of March 2022 and provide an alternative platform for Facebook's core demographic.
Meta's bet on the Metaverse appears to have failed in the short run and I expect more downside for Meta Platforms shares moving forward.
Are you ready to join & know the truth ⁉️
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    ch
    he should have done this when the country's economy wasn't tanking and when people have jobs, so they can buy his "metaverse" gear. it pays to read the room Zuckerberg.
    • February 15, 2022 Edited