Trouble

6 Reasons Meta Is in Trouble
Technology

6 Reasons Meta Is in Trouble

Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 billion. Its crash followed a dismal earnings report on Wednesday, when Mark Zuckerberg, the chief executive, laid out how the company was navigating a tricky […]

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Trouble For Technology | Seeking Alpha
Technology

Trouble For Technology | Seeking Alpha

Massimo Giachetti/iStock Editorial via Getty Images It’s been a rough start for the tech heavy NASDAQ in 2022. The media fan favorite benchmark has been on fire in recent years. After gaining over 40% in 2020 despite the outbreak of the COVID crisis, the NASDAQ tacked on another 20% in 2021. And the index was […]

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