In today’s post:
🕳️ Where Did Meta’s Cash Go?
🕳️ Where Did Meta’s Cash Go?
Meta $META ( ▼ 7.95% ) reported Q2 on Wednesday, beat the top-line estimate, grew revenue 28% year over year, and the stock promptly fell 10%.
Which raises the only question that matters: is the market pricing a broken business, or a business that's temporarily spending like a lottery winner?
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