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image  1 Bloomberg Businessweek - ● The message from Meta shareholders so far has been clear
November 7, 2022

● The message from Meta shareholders so far has been clear: They don’t want to gamble on a moonshot idea that could take years to pay off. ● That’s a common-sense approach, but one that hasn’t always been applied to Big Tech, where winners often pivot from one business to the next as growth seems to top out. ● Investors’ loss of faith has been magnified by a jump in interest rates as the Federal Reserve attempts to rein in high inflation. Rising rates can have a particularly strong effect on technology companies, because their valuations are based on the promise of bigger profits further into the future.● Tap the link in our bio for more. (📸: Photo Illustration by 731: photos: Getty Images (2))
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