Meta's Quarterly Figures are Convincing - but a Comment by the Chief Financial Officer Sends Shares Into a Downward Spiral

The social media group exceeded analysts' expectations with its figures for the past quarter. Revenue increased by 23% to $34.15 billion, while the expected revenue had been $33.56 billion. Key metrics are: (Expectations - Reported by CNBC - Refinitiv and StreetAccount data). Earnings per share: $4.39, while analysts had expected $3.63 (Refinitiv data). Daily active users: 2.09 billion, compared to the expected 2.07 billion (StreetAccount). Monthly active users: 3.05 billion, compared to the expected 3.05 billion (StreetAccount). Average...