Facebook Shakes Off Initial Fallout, But The Real Post-Analytica Threats Are Yet To Materialize [Seeking Alpha]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: Seeking Alpha
Facebook Shakes Off Initial Fallout, But The Real Post-Analytica Threats Are Yet To MaterializeSummaryFacebook's Q1 2018 earnings were a blowout, sending the stock soaring amid the Cambridge Analytica fallout seemingly not affecting growth in user activity or advertiser interest.From a business standpoint, the Analytica scandal undoubtedly threatened to increase user distrust as well as advertiser worries over how heavily they were investing in the platform, given future concerns.Facebook quelled those rumors with Wednesday's earnings beat, not only quarantining the potential earnings fallout but continuing growing on essential metrics as if nothing happened.The biggest fallout worries from the Cambridge Analytica scandal remain in terms of broad-based regulation as well as competitors snatching up advertisers, or even launching competitor services.These regulatory and competition worries remain unresolved, as they are long-term concerns that will undoubtedly continue to plague Facebo
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