• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Nexudus - Tech Stack Lovers
Home News Tech

Meta’s Shares Fall 10% Following Snap’s Ominous Q2 Warning

Analysts worry that these losses will not be exclusive to just social media giants — it could have a rippling effect on the economy as a whole.

Aayat AlibyAayat Ali
May 25, 2022
in Tech
Reading Time: 1 min read
A A
Facebook parent Meta erases 53 billion in market value

More stories for you

Why UC Irvine Is Treating AI Like A New Hire

Why UC Irvine Is Treating AI Like A New Hire

1 day ago
Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

1 day ago
Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

1 day ago
The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

2 days ago

Meta’s shares fell 10% this week, wiping out $53 billion in market value.  

This comes just after Snap, which operates social media platform Snapchat, warned about its second quarter earnings. 

Advertisements
Maximize Flexible Space Revenue

“Like many companies, we continue to face rising inflation and interest rates, supply chain shortages and labor disruptions, platform policy changes, the impact of the war in Ukraine, and more,” Evan Spiegel, CEO of Snap, said in a memo to staff. 

In comparison, Snap’s shares fell by over 40%, followed by Pinterest falling by 27%, Alphabet by 8%, and Twitter by 4%. Altogether, it appears that the social media industry is feeling the brunt of the economic slowdown. 

However, analysts worry that these losses will not be exclusive to just social media giants — it could have a rippling effect on the economy as a whole. 

Advertisements
Yardi Kube automates flex and coworking operations

Despite several experts offering a grim premonition of the next two years, JPMorgan CEO Jamie Dimon recently told investors that although an economic slowdown may be inevitable, it may clear out before turning into a full-blown recession. 

Snap’s warning sends a clear message to its peers within the social media industry, but it also indicates that consumer preferences are evolving, and that innovation might be the solution to stay ahead of the competition. 

Source: Yahoo
Tags: BusinessTechnology
Share6Tweet4Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Why UC Irvine Is Treating AI Like A New Hire
Tech

Why UC Irvine Is Treating AI Like A New Hire

byDr. Gleb Tsipursky
1 day ago

UCI HR adopts generative AI slowly and thoughtfully, balancing innovation with fairness and culture.

Read more
Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

1 day ago
Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

1 day ago
The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

2 days ago
Advertisements
Nexudus - Tech Stack Lovers
Advertisements
Disaster Avoidance Experts

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00