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When Meta announced in December that the tech behemoth would be doubling down on its questionable metaverse endeavors, a groan could almost be heard throughout the space. It hadn’t been a lucrative strategy for the company in the past, and investors were struggling to see how it could be lucrative in the future. Since the start of the year however, Meta’s had a bit of a comeback story. Let's take a look.
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Nasdaq sheds 1.6% as blockbuster jobs report spreads fear across Wall Street.
The greenback soared against a basket of currencies, especially the yen.
Snap’s Q4 report had investors thinking it might be time to jump ship.
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