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The social media giant reported fourth-quarter revenue of $31ġ billion, which is below the expected $31.4 billion.This has caused a 4% drop in the company's shares.The company's CEO, Mark Zuckerberg, has been pushing for more investment in virtual and augmented reality, which has led to increased expenses. In this blog post, we'll take a closer look at what the earnings report means for Meta and what we can expect from the company in the coming months.Meta's earnings report disappointsMeta, formerly known as Facebook Inc.Has recently released their earnings report for the quarter and it has left investors disappointed. If you've been following the tech world recently, you might have heard about Meta's latest earnings report.Unfortunately, the report was somewhat underwhelming, with the company falling short of some of its revenue and user growth goals.This has caused some concern among investors and industry analysts, leading to a slight dip in Meta's stock price.Nevertheless, the company continues to push forward with its ambitious plans for the future.
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Facebook parent Meta is having a nogood, horrible day after dismal earnings report
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