Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
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Total defeat! The last covering up of the "seven giants of the US stock market" also disappeared yesterday...
① With Meta's total return turning negative after yesterday's market close, the "Big Seven" of U.S. stocks has undoubtedly fallen into a complete defeat this year... ② The Bloomberg Big Seven Total Return Index has recorded a cumulative decline of 16% so far this year, which is over 20% lower compared to its peak in December last year.
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