Tue, 21-Oct-2025

Facebook parent Meta sheds $200 billion in stock plummet

Meta

NEW YORK: Facebook’s parent firm Meta on Thursday plunged over $200 billion in stock value, comparable to the size of New Zealand’s economy, after results that raised doubts about the troubled social media giant’s future. In addition to costs of big investments on its metaverse vision for the internet and trouble for its core ads … Read more