The Fb value drop appeared like a time to purchase. Meta (Fb) remains to be a extremely worthwhile firm and it dropped a number of worth after a foul quarter with the principle firm throughout the holding firm, particularly after a number of dangerous PR strikes with knowledge privateness and investing some huge cash into the VR house.
Netflix is in a wholly totally different boat, imo. US shoppers have much less cash than ever, and so as to compete with different streaming platforms, they raised costs? And it is not like Netflix is diversifying by buying different corporations or diversifying its income stream. They’re nonetheless very worthwhile, the large query is whether or not income or web money circulate reverses within the upcoming quarters.
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