Why meta fell down today

Posted: Apr 25, 2024

- Meta (formerly Facebook) stock fell after positive earnings because next earnings are expected to be lower - Zuckerberg's comments on mixed reality headset during earnings call led to further decrease in stock price - Spending on reality labs also contributed to stock decline - Earnings calls are risky and investors should focus on future expectations of company, not just past performance - Stock market is more about future prospects rather than past results - Question posed about whether Microsoft (MSFT) will experience a similar situation tomorrow



Summarized top reddit comments: - Interest rates likely not moving for a while, forward guidance is key - MSFT seen as safer than S&P 500 - Speculation of earnings manipulation, potential buybacks - Concerns about Tesla's robotaxi market share - Market has been behaving oddly since 2020 - Too many people bought calls - Question about ESL or highly regarded operation



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