FB- how can they guide higher? I say they cannotFacebook is not cool anymore, the next generation isn't interested in anything their parents and grandparents are part of. TikTok has been eating Youtube, FB, IG, Reels lunch. Russia blocked FB 71 million and IG over 80 million accounts. AAPL's tracking software has hindered Facebooks ability to target advertising. The metaverse, whatever that will become is eating up billions of FB profit on something we don't know how they can monetize. Inflation is squeezing the middle class which will cause business income to fall, which means less advertising on platforms like Facebook. Puchased 25 May 27th $170 puts. I know the stock is down a lot already, but, so was NFLX which stil hasn't found a bottom. FB is at support, I doubt it will hold. GL
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