{"id":83761,"date":"2023-01-31T01:28:53","date_gmt":"2023-01-31T06:28:53","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83761"},"modified":"2023-01-31T01:21:24","modified_gmt":"2023-01-31T06:21:24","slug":"everyones-watching-metas-earnings-report-for-a-hint-at-how-online-ads-are-doing","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2023\/everyones-watching-metas-earnings-report-for-a-hint-at-how-online-ads-are-doing.html","title":{"rendered":"Everyone\u2019s watching Meta\u2019s earnings report for a hint at how online ads are doing"},"content":{"rendered":"\n<p>(CNBC) Wall Street\u2019s worst <a href=\"https:\/\/www.cnbc.com\/2022\/12\/30\/nasdaq-closes-out-its-first-four-quarter-slump-since-dot-com-crash.html\">year<\/a> since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a> lost almost two-thirds of its value in 2022 as year-over-year revenue fell in <a href=\"https:\/\/www.cnbc.com\/2022\/10\/26\/facebook-parent-meta-earnings-q3-2022.html\">consecutive quarters<\/a>, leading the company in November to <a href=\"https:\/\/www.cnbc.com\/2022\/11\/09\/meta-to-lay-off-more-than-11000-thousand-employees.html\">cut<\/a> 13% of its workforce. <a href=\"https:\/\/www.cnbc.com\/quotes\/SNAP\/\">Snap\u2019s<\/a> stock plummeted 81% as growth dipped into the single digits, and the company opted not to provide a forecast for two straight periods. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/01\/30\/meta-earnings-report-will-provide-hint-at-how-online-ads-are-doing.html\">To read this article;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Wall Street\u2019s worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent Meta lost almost two-thirds of its value in 2022 as year-over-year revenue fell in consecutive quarters, leading the company in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83761","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83761"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83761\/revisions"}],"predecessor-version":[{"id":83762,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83761\/revisions\/83762"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}