Zuckerberg’s attention on the company’s cash leaks during the results call causes Meta to drop $200 billion in value.
Mark Zuckerberg commenced Meta’s earnings call with an in-depth exploration of artificial intelligence, swiftly transitioning into a discussion on the metaverse and highlighting the company’s hardware offerings. However, he didn’t shy away from addressing Meta’s financial hurdles, dedicating the majority of his opening remarks to its significant losses. Investor response was unfavorable, with Meta shares […]