Meta's Pain, Amazon's Gain!

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Meta’s stock price dropped 26% on Thursday, the biggest single-day slide in market value for a U.S. company. This was on the back of company’s dismal Q4 performance and loss in user base for first time ever. The mammoth fall in stock price wiped out over $250 billion in a single day, pushing CEO Mark Zuckerberg's net worth lower by $30 billion. But, while Meta saw pain. Amazon saw gains! The e-commerce giant posted strong holiday quarter earnings. The stock futures were up 14%. It will nearly $200 billion in market value if that move holds up in Friday’s close.
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