Revenue has increased by 35%, which is not bad for giants wi...

$Facebook(FB.US)$ Revenue has increased by 35%, which is not bad for giants with only 24 times PE. Although the guidelines are general, they should also be price in. In the short term, the stock price may fluctuate at 320-340. In the long run, the privacy policy will have a great impact, and all social media will be affected, but from the perspective of advertisers, it is impossible for them to stop advertising because of the privacy policy. FB's huge user base is still the first choice. In the short term, there is also potential for Thursday’s rename of the Meta Universe Conference, which shows that the management is already preparing for the future.