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Comment by eclectic29 | Hacker News Reader

Why are Meta quarterly results so special that they always enjoy the front page of HN?

For the same reason Google's and Apple's results also reach the front page. HN users upvote the posts. Maybe it's because Meta is one of the largest tech companies in the world and for many people their results are interesting news.

Because it’s one of the biggest tech companies and its results foreshadow earnings for other tech companies. Just look at the after hours price movements of most of the tech stocks.

It’s a trillion dollar company dude. Many people laughed at their 1B ipo valuation.

Basically, never ignore these things.

Man, I bought some stock a bit after IPO, it dropped a bunch, and I idiotically sold later at a slight loss in 2013 after people all around me constantly went on about how they would never make money. It's now worth 17 times what I sold at.

I also remember around Google's IPO people questioning how they'd ever make money.

Sucks right? Life gets lifey.

I used to pay a lot of attention to the comments of certain HN users who made well reasoned but (with the clarity of hindsight) mostly doomer predictions about various topics. I wish I hadn't listened to them.

To be fair if counter arguments put you off it means your own weren't that strong.

It's good you have that attitude otherwise it would be gambling.

i believe FB is a fad at that time. Who knew it make that much money and still going.

"They trust me, dumb f*cks" - Mark Zuckerberg laughing all the way to the bank.

People who have a good enough memory to recall the dumb things they thought and said at age 19 also laugh.

i think i sold my apple stock at $10/share. I also had my finger on the buy button for AIG at around $1/share in the depths of the financial crisis but didn't do it. Now I just stick to code, my 401k, and company RSUs heh.

I bought Apple stock 2 years ago and it's been flat since then, with me at a slight loss. So the golden tech stocks aren't always so.

You would've probably sold it when it doubled. Or 4x. If you still hadn't sold it at 17x, you'd probably never sell it, so it's not liquid anyway.

I read an HN article about Bitcoin in 2011 when it was about $1 per BTC, and mining on AWS was still profitable.

I dismissed as a stupid novelty that's not worth the time to set up an AWS instance. Lesson learned: don't listen to HN.

FAANG (or whatever the acronym is this week) quarterly results always make front page.

It's the 6th biggest company in the US.

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