$Meta Platforms (META.US)$ Flaming dumpster fire 🔥 miss, gu...
$Meta Platforms (META.US)$ Flaming dumpster fire 🔥 miss, guide even worse. Rev DOWN 4% yet costs up 19% 😵! Users flat, but average ad price -18% y/y. Not Inflation! Capex 2x+. Added 19k employees +28% y/y 😱. Zero cost control. Expects costs to grow from ~$85bn ‘22 up to $101bn in ‘23. RIP
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TAISHO99 : Thanks for sharing