Labs
For tech investors hoping Meta Platforms finds religion on cost cuts as they relate to heavy spending on virtual reality, now is not the time to bet on it. The company is cutting costs, including mass layoffs, and much of the market has been focused on the billions that Mark Zuckerberg is pouring into Reality […]
Fritz Jorgensen/iStock Editorial via Getty Images It Looks Like Nothing Has Changed About six weeks ago I wrote Meta Platforms (NASDAQ:FB) Buying Frenzy. For simplicity, here’s what I said: Probably more than anything else, I want to emphasize that FB’s price has dropped like a rock, but it’s a cash pumping machine. Maybe it was […]
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