{"id":88049,"date":"2024-04-26T00:06:24","date_gmt":"2024-04-26T04:06:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88049"},"modified":"2024-04-26T00:00:05","modified_gmt":"2024-04-26T04:00:05","slug":"mark-zuckerbergs-net-worth-plummets-by-more-than-18-billion-in-meta-stock-drop","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/mark-zuckerbergs-net-worth-plummets-by-more-than-18-billion-in-meta-stock-drop.html","title":{"rendered":"Mark Zuckerberg\u2019s net worth plummets by more than $18 billion in Meta stock drop"},"content":{"rendered":"\n<p>(CNBC) Meta <a href=\"https:\/\/www.cnbc.com\/2024\/02\/01\/meta-is-paying-first-ever-dividend-authorizes-50-billion-buyback.html\">beat expectations<\/a> on revenue and profit but delivered a lighter-than-expected revenue forecast. Zuckerberg told investors that the company would continue to <a href=\"https:\/\/www.cnbc.com\/2024\/04\/24\/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html\">spend billions <\/a>of dollars investing in areas such as artificial intelligence and the metaverse, even though Meta counts on advertising for 98% of its revenue.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/25\/mark-zuckerberg-net-worth-falls-18-billion-over-meta-earnings.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Meta beat expectations on revenue and profit but delivered a lighter-than-expected revenue forecast. Zuckerberg told investors that the company would continue to spend billions of dollars investing in areas such as artificial intelligence and the metaverse, even though Meta [&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-88049","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88049","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=88049"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88049\/revisions"}],"predecessor-version":[{"id":88050,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88049\/revisions\/88050"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}