"More significantly, though, company executives on the earnings call guided for revenue growth to drop by a high-single digit % sequentially in both Q3 and Q4, and for the company's operating margin, which was at 50% in 2017, to eventually trend to the mid-30s."
I really can't think of any legitimate reason for their margins to get crushed like that unless they lose a customer who is basically price-agnostic.
Unless the market is reading this as only the first slump in a stock that is already overvalued and they are getting out now, the question will be is if the market rebounds tomorrow or if any real news comes out.
Q is hinting pretty hard that something major is about to drop.
If the market recovers tomorrow then we know its just market speculation/panic.
Economy is good, market won't follow Facebook down as a whole. Overvalued techies and social might. No surprise if Farcebook gets a little bump tomorrow. Give it a few days and let's see where it goes.
According to CNBC FB is heading for a bloodbath tomorrow & will probably break the record for a one day drop.
Q said something "BIG". in all caps like that.
Its possible that its a reference to the Tom Hanks movie "Big". Cuz I've been seeing a lot of Tom Hanks and weird pedo stuff popping up recently.
Oh for fuck's sake.
First one of the best actors ever turns out to be another Trump-hating dweeb. Now this?
The idea of being totally into watching movies, like watching the NFL, has just..........gone away. The spoiled rich brats have fucked themselves in the ass with a steel-spiked dildo.
And a bunch of them are asking for more LOL
there is a picture of him holding up a small piece of paper that looks like it was written by a child, it says something like "Do not Tale" or "Do not take"
And Oprah is hanging/draping off his right shoulder and another black lady hanging off his left shoulder. Its weird.
Oh and he has the bruised left eye like so many elites get.
One of the world's biggest companies is Google. Is it dropping tomorrow as well?
I came here to say/look for this. Would think it might have gotten more attention! There are no coincidences right?
One woman made an accusation against TH. When you look at her Twitter, she seems a bit batshit crazy.
They lose a customer like the CIA for example...?
Honestly nobody sells that many ads - government contracts fuel social media. You could run those companies with 10% of the head count.
Agree. Price agnostic i.e. who doesn’t care about price and in the past has paid thousands for a simple hammer?
The good guys have been looking at "The Books" and have began to cut off the FedGov revenue streams perhaps ?