Meta’s quarterly earnings result see stock price fall

Published

3 years ago

October 27, 2022

ticker NEWS

Facebook parent company Meta has revealed its earnings for the third quarter, and they haven’t come in as anticipated.

The company reported a four percent drop in revenue, to $27.7 billion, which is down from a year earlier.

Net income dropped 52 percent, down to $4.4b, whilst spending soared by 19 percent.

The Reality Labs division, which is responsible for the virtual and augmented reality efforts in the Metaverse, lost $3.7b, compared with $2.6b a year earlier.

This is also due to the hardware being constructed, in relation to its Quest 3 headsets, which will launch later next year.

Meta announced in September a staff hiring freeze and potential restructuring.

Shares in the social media giant have dropped by 20 percent in after-hours trading.

Why most Australians aren’t ready for retirement

Australians’ retirement readiness declines as super fund trust wanes; expert shares insights and solutions for financial confidence.

Published

15 hours ago

October 4, 2025

Ahron Young

Australians’ retirement readiness declines as super fund trust wanes; expert shares insights and solutions for financial confidence.

Fewer than one in three Australians feel financially prepared for retirement, with trust in super funds falling and planning gaps widening. In this episode, Dale Gilham from Wealth Within explains why the nation is struggling with financial confidence.

We cover the most common mistakes retirees say they’ve made, how super fund distrust is reshaping decisions, and what role financial planning plays in boosting readiness.

Gilham also outlines the tools and resources Australians are seeking most as they look to secure their financial future. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Retirement #Superannuation #Finance #Australia #WealthPlanning #MoneyMatters #FinancialFreedom #TickerNews

Money

The fine line between smart investing and risky gambling

Dr. Enticott explains the psychology of risk in investing and offers strategies for safe wealth building. #Investing #Finance #MoneyTips

Published

15 hours ago

October 4, 2025

Ahron Young

Dr. Enticott explains the psychology of risk in investing and offers strategies for safe wealth building. #Investing #Finance #MoneyTips

The difference between a high-risk gamble and a calculated move often comes down to understanding the odds — and respecting them. In this interview, Dr. Steve Enticott from CIA Tax breaks down the psychology behind risky bets.

We discuss how hype-driven investments like meme coins can lure in latecomers, why gambling is statistically designed against the player, and how leverage without a safety net can quickly spiral into financial disaster.

Dr. Enticott also shares practical advice for long-term strategies that focus on building wealth safely, rather than chasing get-rich-quick schemes. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Hashtags:
#Investing #Gambling #WealthBuilding #Crypto #Finance #MoneyTips #RiskManagement #TickerNews

Money

Bitcoin rises as a safe asset during shutdown

Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown

Published

17 hours ago

October 4, 2025

Ahron Young

Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown

In Short:
– Bitcoin nears all-time high amid U.S. government shutdown, trading at $123,685.87 on October 3rd.
– In South Korea, Bitcoin surpassed 170 million KRW, reaching 170.96 million KRW on October 3rd.

Bitcoin has reached near its all-time high during the U.S. government shutdown, establishing itself as a safe asset.

On October 3rd, at the U.S. cryptocurrency exchange Coinbase, Bitcoin traded at $123,685.87, closely approaching the record high of $124,290 set in August. This marks a 1.89% increase in just 24 hours and the first time in two months that Bitcoin has surpassed $123,000.In South Korea, Bitcoin’s value also surged, surpassing 170 million KRW for the first time on the night of October 2nd.

The price climbed to 170.96 million KRW at Bithumb on October 3rd, breaking the previous record of 169.90 million KRW from August 14th.

The surge in Bitcoin’s price is driven by increased interest in safe-haven assets amid the government shutdown. Since October 1st, 750,000 federal employees have been placed on unpaid leave, leading investors to consider alternative assets.

Jeff Kendrick of Standard Chartered remarked that the current market situation differs from the 2018-2019 shutdown, as Bitcoin now closely correlates with U.S. government risk.

Bitcoin’s Future

Forecasts suggest Bitcoin’s upward momentum will persist. Standard Chartered predicts Bitcoin could break its all-time high and reach $135,000. JP Morgan analysts foresee a potential rise to $165,000 by year-end.

Historically, October has been a bullish month for Bitcoin, coining the term ‘Uptober’ due to average returns of 20.63% over the last decade. Ethereum is also on the rise, trading around $4,500, contributing to a larger $4.12 trillion cryptocurrency market.