Canada markets closed
  • S&P/TSX

    20,269.97
    +89.37 (+0.44%)
     
  • S&P 500

    4,305.20
    +8.06 (+0.19%)
     
  • DOW

    34,152.01
    +239.61 (+0.71%)
     
  • CAD/USD

    0.7784
    +0.0031 (+0.40%)
     
  • CRUDE OIL

    87.03
    +0.50 (+0.58%)
     
  • BTC-CAD

    30,727.53
    -338.38 (-1.09%)
     
  • CMC Crypto 200

    569.15
    -2.76 (-0.48%)
     
  • GOLD FUTURES

    1,790.40
    +0.70 (+0.04%)
     
  • RUSSELL 2000

    2,020.53
    -0.82 (-0.04%)
     
  • 10-Yr Bond

    2.8240
    +0.0330 (+1.18%)
     
  • NASDAQ futures

    13,644.00
    -14.25 (-0.10%)
     
  • VOLATILITY

    19.69
    -0.26 (-1.30%)
     
  • FTSE

    7,536.06
    +26.91 (+0.36%)
     
  • NIKKEI 225

    28,868.91
    -2.89 (-0.01%)
     
  • CAD/EUR

    0.7650
    +0.0025 (+0.33%)
     

Headwinds Will Slow Growth for Meta; Should Investors Sell Now?

·3 min read
Headwinds Will Slow Growth for Meta; Should Investors Sell Now?
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Meta Platforms (NASDAQ: META) held an internal conference on June 30, during which CEO Mark Zuckerberg told employees to brace for impact. Rising competition from short-form video site TikTok has also forced Meta to make adjustments, hurting sales in the near term. One of the significant insights from reports of the meeting was Meta's reduced plans for hiring.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting