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Coverage dated April 24, 2024

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Headline from NBC New York

Meta CEO Mark Zuckerberg spooked investors on the company’s quarterly earnings call Wednesday.

NBC New York's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

9 articles, oldest first.

  1. NBC New York

    Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash (opens NBC New York)

    Published

    NBC New York's feed description

    Meta CEO Mark Zuckerberg spooked investors on the company’s quarterly earnings call Wednesday.

  2. NBC News

    Meta stock plummets after Zuckerberg touts money-losing projects (opens NBC News)

    Published

    NBC News's feed description

    During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.

  3. Insider

    Mark Zuckerberg's wealth may slide $25 billion in a day as Big Tech faces $350 billion sell-off (opens Insider)

    Published

    Insider's feed description

    Meta shares tumbled ahead of Thursday's opening bell, paving the way for a big chunk of Mark Zuckerberg's net worth to be erased.

  4. Forbes

    Mark Zuckerberg’s Net Worth Drops Over $22 Billion As Meta Stock Slides (opens Forbes)

    Published

    Forbes's feed description

    Zuckerberg’s net worth drop comes a day after Meta held its first-quarter earnings call, which heavily focused on AI.

  5. Quartz

    Meta stock plummets 15% because Mark Zuckerberg still spending and losing tons of money on the Metaverse (opens Quartz)

    Published

    Quartz's feed description

    The Facebook parent company beat earnings expectations but issued weak revenue guidance for the next quarter

  6. NBC Los Angeles

    Mark Zuckerberg's net worth plummets by more than $18 billion from Meta stock drop (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    Meta shares plunged on Thursday, bringing down Mark Zuckerberg’s net worth, after the CEO told Wall Street about the many ways his company is losing money.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash | Since Then