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Meta Soars After Top- & Bottom-Line Beat; ‘Metaverse’ Losses Grow, MAUs Disappoint

From ZeroHedge

Meta shares are soaring after hours after a top- and bottom-line beat extending gains (above one-year highs) since its earnings report on Feb 1st (and continuing to benefit from the AI bubble craze YTD)… …Meta’s “year of efficiency” has meant mass layoffs and […]

Apr 26th 2023 4:24pm EDT

Source Link: https://www.zerohedge.com/markets/meta-soars-after-top-bottom-line-beat-metaverse-losses-grow-maus-disappoint

Internet Archive Link: https://web.archive.org/web/20230426210105/https://www.zerohedge.com/markets/meta-soars-after-top-bottom-line-beat-metaverse-losses-grow-maus-disappoint

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FloridaBitcoin 2y ago

There is no metaverse or web3 .

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