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14
farfiman 14 points ago +15 / -1

Maybe, maybe not. Most of the world doesnt give a damn and will still use it. Price now is the same as 1 month ago.

25
mike_rithjin [S] 25 points ago +25 / -0

Well look at it this way:

An analyst put Trump's value to twitter at $2billion.

https://fortune.com/2017/08/17/trump-worth-to-twitter/

Around the same time, Twitter was valued at about $4.4billion

https://www.gobankingrates.com/money/business/how-much-is-twitter-worth/

Trump accounts for nearly half their worth as a platform. Investors and advertisers will not like that. All the accounts and journalists who relied on retweeting him, replying to him, and simply writing about him. All the accounts who followed those people specifically for their takes. The traffic, and ability to keep people on the platform by the possibility of Trump's use was huge. They just got rid of the only thing that kept them afloat. They were sinking until 2016 when Trump was elected.

https://www.macrotrends.net/stocks/charts/TWTR/twitter/stock-price-history

All this data doesn't lie. Spells pretty ugly things for them.

12
Vivere_Pericoloso 12 points ago +12 / -0

true.. however, people tend to pick a new toy as they easily get bored.. all around the world pedes can do is to promote the new toy...

9
axrevolutionai 9 points ago +9 / -0

Twitter is absolutely irrelevant and so is Facebook. Instagram is where everything happens. TIKTok is CCP/CIA disinfo and Snapchat is just where escorts find johns or families act like dumbasses amongst themselves.

Facebook is only profitable because of Insta and What's App. AND INSTA IS SURPRISINGLY BASED. the leftist gender queers and infinifats are so afraid of being triggered they run all their accounts as private

5
LibDestroyer50000 5 points ago +5 / -0

Instagram is owned by FB.

1
Ifififokiedoke 1 point ago +1 / -0

How do they make money from WhatsApp? I dont think I have ever seen an ad on there, or is it just selling data?

2
axrevolutionai 2 points ago +2 / -0

Yeah, just data. Also the carriers give em a kickback, and they also get money from businesses that use it.

1
Vivere_Pericoloso 1 point ago +1 / -0

The problem with Instagram is you need more effort and funds to be Instagram Celebrity. People tends to do Youtube which produce more money.. well before any paid Youtube start commencing anyway..

7
UmbraSapientia 7 points ago +7 / -0

It might not be about stocks and shares, but it's certainly about cultural impact power. Tumblr got knocked out of the game VERY quickly.

2
BarronVonSaltzburg26 2 points ago +2 / -0

Exactly and most investors aren't making investments based on politics but on the likelyhood a stock will rise. Being down only means a buying opportunity to many, sadly.