Facebook (FB) Stock Has A $29B Problem

Today we take a look at #Facebook #FB Stock - otherwise known as Meta. This company reported earnings today and the stock is soaring in the after hours. However after looking at the numbers - which missed expectations on the revenue side both in the quarter and upcoming quarter - the company is not out of the woods yet. Net income and operating profits dried up as well as more expenses tied to the metaverse ate into profits. I"d expect in the coming days - revenue and earnings estimates for Q3 u0026 Q4 to come in light of current expectations - meaning the multiple isn"t nearly as juicy as it may seem. - SUBSCRIBE TO MY FREE NEWSLETTER - https://theinvestorchannel.substack.com/?r=phd5u0026s=wu0026utm_campaign=pubu0026utm_medium=web â€" Follow Me On Instagram: https://www.instagram.com/investorvideos/ â€" Follow Me On Twitter: https://twitter.com/investorvideos


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