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Originally Posted by PaceAdvantage
Facebook is cratering in the after market...yet futures are slightly higher...
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Facebook is a disaster. Let me summarize their quarterly earnings report from this afternoon for the group:
"We at Facebook are pleased to inform you that our path forward is built on taking piles of cash out into the street and setting it on fire. This will lead to the construction of the metaverse which by now noone understands or even wants to take part in" The End.
They are set to drop out of the top 20 in the S&P500 while having a platform that encompasses roughly half the beings on the planet. Mark Zuckerberg is a f*cking idiot.