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Numbers are in – Facebook owner’s gloomy future forecast

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As fears of a global recession grow, Meta has recorded its first-ever quarterly drop, and has issued a gloomy future forecast

Shares in the company fell around 1-point-4 per cent in extended trading, as execs predict a third-quarter revenue of between 26 and $28.5 billion.

This is far short of the 30 billion analysts were hoping for.

Meta’s entire business model centres around ad sales, which fell fell 1 per cent in this increasingly competitive commercial market.

Monthly active users on he company’s flagship platform, Facebook also came in slightly under analyst expectations at 2-point-9 billion.

Meanwhile, Alphabet reported a rise in quarterly revenue on Tuesday… with sales from Google topping investor expectations.

Snap and Twitter both fell short.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Hong Kong High-Rise Inferno Leaves Dozens Dead and Hundreds Missing

Deadly fire at Hong Kong’s Wang Fuk Court kills 36, 279 missing; authorities face scrutiny over construction safety.

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Deadly fire at Hong Kong’s Wang Fuk Court kills 36, 279 missing; authorities face scrutiny over construction safety.


A horrific fire has torn through Hong Kong’s Wang Fuk Court housing complex, killing at least 36 people and leaving 279 missing. The blaze erupted in the Tai Po district and quickly intensified as bamboo scaffolding helped the flames spread with alarming speed.

The complex, home to nearly 4,800 residents, was undergoing major renovations at the time of the disaster. Authorities are now facing renewed scrutiny over construction safety and the ongoing reliance on bamboo scaffolding, which has been at the centre of multiple accidents in recent years.

Chinese President Xi Jinping has expressed deep condolences and called for urgent rescue and recovery operations as emergency teams continue searching for survivors.
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National Guard Troops Shot Near White House As Lockdown Declared

Two National Guard members shot near the White House; critical condition prompts major law enforcement response and lockdown.

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Two National Guard members shot near the White House; critical condition prompts major law enforcement response and lockdown.


Two National Guard members have been shot in Washington, D.C., just blocks from the White House, prompting a major response from law enforcement. A suspect was also shot during the confrontation, and officials report the guards are in critical condition. President Trump, currently in Florida for the Thanksgiving holiday, confirmed the severity of the incident.

Authorities quickly locked down the White House and the Treasury Department’s headquarters as police surrounded Farragut Square with heavy security and yellow tape. The area remains closed off as investigators work to understand what led to the violent encounter.

This shooting comes as tensions rise around the National Guard’s legal role in the capital. A federal judge recently ruled their presence violates several laws but delayed action until December 11, leaving a controversial deployment in limbo.
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Ukraine backs US-led peace accord as final details near completion

Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.

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Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.


Ukraine has signalled support for a US-led peace accord aimed at ending the war with Russia, with officials confirming that only minor elements remain to be finalised. The framework represents the most significant diplomatic breakthrough since the conflict began.

According to Ukrainian officials, Kyiv fully supports the essence of the proposal, while Washington says progress is encouraging but further negotiations are required. The agreement focuses heavily on territory held by Russia and the security guarantees needed to protect Ukraine long-term.

With momentum building, global attention now turns to how remaining issues will be resolved and how soon a final agreement can be reached.

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