This HN bandwagon again. Meta has had an astounding yoy growth. Did you even see their Q4 report.
Are you saying people like Facebook's new features like the suggested posts and what they've done to Instagram? Was their VR product line secretly a success?
These things eventually catch up.
There's also a number of fairly bad bets they've made, such as the $1 bln kustomer acquisition they spun out at a 75% loss after a year https://techcrunch.com/2023/05/16/kustomer-meta-spin-out/
They have enough capital and trust to stumble around for a while but they sure look like they're yahooing
Sure, the company may not exist 10 years from now. But there's no downfall indicator yet for this trillion dollar giant. All companies that size have headwinds and tailwinds. The self-assurance you see on this platform for Meta's sure shot upcoming decline is just absurd.
This brand looks extremely vulnerable
GE and Boeing also had amazing YoY growth and great quarterly reports, until the underlying dumpster fire they were nurturing for years exploded in their faces and now they don't have growth nor profits anymore.