Abbott Cook(e)
08-21 02:21

$Meta Platforms, Inc.(META)$  The headline suggesting Meta could be on the hook for $1.4 trillion is absurd, and it seems to be a big part of why the stock is getting pushed down right now.

That's a worst-case scenario with maybe a 1% chance, yet the market is acting like it's a done deal. A $200 billion fine feels far more plausible.

The trial itself doesn't make much sense either. If Meta loses, every platform would have to change how it operates.

Autoscroll being compared to watching TV, and likes being called addictive... this whole trial comes across as a bluff.

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