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Meta stock plummets over $65B after earnings miss estimates

by crypetonews
October 27, 2022
in Videos
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Truist Securities’ Youssef Squali joins ‘Squawk on the Street’ to discuss reactions to Meta’s earnings report, the company’s spending on AI and the metaverse and valuation expectations looking forward. For access to live and exclusive video from CNBC subscribe to CNBC PRO: 

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Tags: 65Bbinance newsbitcoin newsbitcoin news todaybitcoin prediction for todaycrypto analysiscrypto news todaycrypto price predictioncrypto scamsearningsEstimatesethereum newslatest metaverse newslatest nft projectsMetametaverse newsnft news todayPlummetsStock
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Comments 29

  1. Won Hur says:
    4 years ago

    Is this a good time to buy stocks/crypto in the Europe? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to manoeuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere.

    Reply
  2. Michael Argaw says:
    4 years ago

    That's a very good point. But then , what if somebody files an anti-trust , or a civil lawsuits , among others , containing the following : " Faceboook / Meta treats its customers as emotion-less commodities over which super-profits takes precedence over the greater good of the society and the safety , security and well-being , among others , of users , or customers. Meta piloted and retracted , and withheld from rolling out , features in the best interest of businesses , customers and users to maximize its own profits , impede customer's business profitability , decrease the satisfaction of users and customers , suppress freedom of expression and inhibit the dissemination of ideas that could potentially save humanity trillions intentionally."

    Reply
  3. Tony Tsai says:
    4 years ago

    AAPL per share price to tank next?

    Reply
  4. DaLazyOne109 says:
    4 years ago

    buy yourself a better mic 🎙

    Reply
  5. Ari Gutman says:
    4 years ago

    Honestly, Zuckerberg has to be given credit for remaining steadfast on nailing a goal and pioneering something new… If FB was never FB and never became META and no one knew of him, I bet Zuckerberg would be spending all his money and time on this "new" thing.. But he is a big name and so everyone is watching.. Laughable… He may be onto something, folks.. requires patience and money…

    Reply
  6. Diamond Ray says:
    4 years ago

    MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below.

    Reply
  7. Paulius Paždagis says:
    4 years ago

    Lol read the comments. Most are fake profiles with “success investment stories”

    Reply
  8. Sulaiman Mutiyat says:
    4 years ago

    MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below…

    Reply
  9. 💰 Make $750 Per Day says:
    4 years ago

    "All progress takes place outside the comfort zone." –Michael John Bobak

    Reply
  10. Margaritas 🍸 says:
    4 years ago

    I personally cleared $230k of debt going aggressive in the other markets. Right now the markets are crazy but there are still hidden opportunities therein. Having monitored my portfolio performance return huge six figures from the last 2 quarters of last year, I have learned why the market will remain a money den for those who know where to look.

    Reply
  11. kendal Gee says:
    4 years ago

    DUHHHHHHHHHHHH!!!!!!!!!!!!! You censor free speech.. DAFUK YOU THINK GONNA HAPPEN !!!! lmfao🤣🤣🤣🤣🤣🤣🤣🤣🤣🤡🤡🤡🤡🤡🤡🤡🤡

    Reply
  12. kendal Gee says:
    4 years ago

    hahaha.. All the democrats lost money… OOOOH LETS SUPPORT META.. Lets support the suppression of speech and censor Republicans.. hahahhahaha… who woulda thunk… Censor freedom of basic speech and no one followed u to metaverse..aww. 🤣🤣🤣🤣🤣

    Reply
  13. alex young says:
    4 years ago

    invstors need to act cautiously but remain vigilant in monitoring the market landscape for opportunities to pick up high-quality assets at discounted prices. These are difficult environments, but they also coincide with the best opportunities.

    Reply
  14. Farbod Baharkoush says:
    4 years ago

    Here is my valuation on Meta, hope anyone reading this finds it helpful.
    https://www.youtube.com/watch?v=xqVwDlNQ_s8

    Reply
  15. Clara Lynn says:
    4 years ago

    "When a market is bottoming, the best stocks make their lows ahead of the absolute low in the market averages. As the broader market averages make lower lows during the last leg down, the leaders diverge and maker higher lows."

    Reply
  16. Tom Jones says:
    4 years ago

    I dropped my Facebook soon as learned it went full speed in support of Democrats, open borders, crime, Fentanyl and inflation.

    Reply
  17. pinder singh says:
    4 years ago

    He is lying.

    Reply
  18. Holly Ramos says:
    4 years ago

    A residual income business is the only way to go right now, exactly what I’m doing I’m pulling my money out of stocks holding my last 2 properties & developing multi family complexes with the money I’m taking out and Return from my new business. No more stocks they are manipulated on Friday the indexes were very off & numbers don’t lie if numbers don’t make sense something is wrong 1+1 is 2 period stocks have patterns & numbers but so manipulated that they’re is no way for anyone to even figure out a direction not Even with the best charting. They have it designed to take from everyone on every side of investing in the market their goal is full control & they’re getting it house always wins we are all in a casino at this point no strategy not even if you try

    Reply
  19. Darren can fix it! says:
    4 years ago

    I suggest that people should delete their facebook account since its there is no freedom of speech, that's what happens when you mix politics with business, just like BBBY

    Reply
  20. Zachary Zink says:
    4 years ago

    They need to double their spending on the Metaverse.. the Metaverse tech in incredible. I know these analysis don’t get i that’s because there looking at numbers and not the product.

    Meta is Facebook the way Tesla is a car company.

    Metaverse is not 3 to 5 years out.. it’s 10 years out.

    Reply
  21. Rok mare says:
    4 years ago

    Mark should follow yahoo founder and resign as CEO of the company after losing billions in stock value

    Reply
  22. Phil Kosick says:
    4 years ago

    Excellent News. Zuckerbeg wanted to be a Good little Puppet. Now he can sell Pencils on a Busy Intersection

    Reply
  23. Ryu Drago says:
    4 years ago

    i lost almost all my savings in the stock market this year and i think i'm not alone in this.

    Reply
  24. Jay MCC says:
    4 years ago

    😂😂😂😂😂😂😂😂 Meta stock falls 😂😂😂😂😂 😮😮😮 of course lol 😢😢😢 😂😂😂 what did you expect!! paying off in 10 years nope! only when ceo Zack is gone new ceo in then yes stock facebook will make money 😂😂

    Reply
  25. Jay MCC says:
    4 years ago

    2 times in the past to be righr 😢😂😂😂😂😂😂😂 thats the past 😂😂 we talking about Now in 2022!! Mark Z time to go vote him ouy!! 😮 new Ceo 😮

    Reply
  26. Deepankar Bisht says:
    4 years ago

    https://youtu.be/d-GVC09bDek, Credit Suisse Crisis

    Reply
  27. CF Win says:
    4 years ago

    I quit FB a few years ago and stopped clicking on any FB links. Zuckerberg is evil.

    Reply
  28. jojopuppyfish says:
    4 years ago

    Amazon was $5 a share at one point….several years after their IPO

    Reply
  29. David Newbury says:
    3 years ago

    I appreciate your honest reporting. I admire you a lot for educating everyone. It all depends on the information and method applied. I've seen people earn significant 7-figure profits in sinking markets and pull it off just as easily in bull markets. There is no doubt that the crash/recession is making someone wealthy.

    Reply

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