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Typical for a fed jawbone day.
Nice try fed.

Arnold Schwarzenegger Reaction GIF
 
Tripled their profit, issued their first ever dividend, and gave a huge raise to forecast guidance for the upcoming quarter. Their ad business bounced back in a huge way. Remember they also trimmed a lot of fat by firing employees.
Ya I still don’t believe it. I maybe see 2 people a week if that post on Facebook out of all of my friends anymore. These are faked numbers for sure. I get the employee part but it still doesn’t ad up. More agencies faking numbers.
 
Ya I still don’t believe it. I maybe see 2 people a week if that post on Facebook out of all of my friends anymore. These are faked numbers for sure. I get the employee part but it still doesn’t ad up. More agencies faking numbers.
Instagram and Reels making up for Facebook.
 
I thought Instagram died out mid 2000s? I don’t know anyone that even uses it.
No it's huge. Also, there is thought out there from the analysts that Reels will be bigger than Tik Tok eventually. It's gaining on them.
 
I had to look it up since you were curious...

There are currently over 2.4 billion monthly active Instagram users. The platform gained 100 million users in the previous quarter alone. Considering the growth trend, the number of Instagram MAUs is estimated to reach over 2.5 billion by the end of Q1 2024.
 
Well if it makes you feel better @jmanz i can’t really touch my new account at all now. So it will be what it will be.
 
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Dam what happened? Why is it I am seeing stocks diving left and right almost every day now?
 
I wanted to add the following- since the market has been hot and rising, if a company misses earnings or gives bad guidance for the upcoming year, it will get hit and hit hard. Especially the stocks that have run up hard into the earnings call.
 
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