Markets: Did Meta's Earnings Wreck the Rally?

The video discusses the significant impact on the tech market due to Facebook's recent performance and outlook. It highlights the challenges faced by Facebook, including the delayed realization of the Metaverse and financial losses. The discussion also covers the impact of Apple's privacy changes on Facebook's advertising revenue. Additionally, the video explores the broader implications for the US equity markets, considering the Federal Reserve's interest rate policies and their effect on the tech sector.

What was one of the main reasons for Facebook's stock drop discussed in the video?

• A rise in advertising revenue

• A significant increase in monthly active users

• Financial losses in Facebook Reality Labs

• The immediate success of the Metaverse

How did Apple's privacy changes affect Facebook's advertising revenue?

• By improving the accuracy of ad targeting

• By reducing the ability of small businesses to target ads

• By increasing the amount of third-party data available

• By lowering the cost of advertising

What challenge did small businesses face due to changes in data availability?

• Improved ad targeting capabilities

• Higher advertising costs

• Difficulty in informing ad spending

• Increased access to third-party data

What is one potential consequence of big tech faltering on the US equity markets?

• An increase in tech investments

• A decrease in interest rates

• A rise in real rates

• A need to focus on quality tech investments

What is the Federal Reserve's plan regarding interest rates?

• To eliminate them entirely

• To raise them quickly and be nimble

• To lower them significantly

• To keep them constant