11 points

Oh nooo, what ever will they do? After all they only made US$36 Billion in the first 3 months of the year.

https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-First-Quarter-2024-Results/default.aspx

permalink
report
reply
11 points

Losing 1/12 of their annual revenue may be enough to make them miss their quarterly or annual earnings goals which may cause the stock price to dip which may make it a little harder for the rich people to get the tax-free loans that finance their lifestyle… until the stock recovers in a few months.

That’ll show’em!

permalink
report
parent
reply

Europe

!europe@feddit.org

Create post

News, interesting stories, and beautiful pictures from Europe 🇪🇺

Spiritual successor to !europe@feddit.de.

(Current banner: La Mancha, Spain)

Feel free to post submissions for banner pictures.

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

  1. Be nice to each other. (E.g., no direct insults against each other.)
  2. No bigotry, racism, antisemitism, dehumanisation of minorities, or glorification of National Socialism.
  3. No links to mis-information.

Also check out !yurop@lemm.ee

Community stats

  • 2.5K

    Monthly active users

  • 117

    Posts

  • 755

    Comments