Marina Lyubimova
● Meta shares took a beating after earnings: "Meta $META has now plunged more than 17% since last week's earnings report." The chart tells the story clearly—META couldn't hold support around $751 and quickly dropped toward $620 in a brutal multi-day selloff. The string of red candles shows just how fast the mood shifted.
● The timing couldn't be worse. Lawmakers are pushing new tax proposals targeting big tech platforms: higher digital-services taxes, data-center levies, and cross-border revenue changes. Analysts worry these moves could backfire—smaller partners might go under if compliance costs spike, and talented workers could leave regions with harsh tax rules. For a global giant like Meta, these policy shifts add fuel to an already volatile situation.
● Barchart's technical view reinforces the concern. The chart shows META failing to break through key resistance before collapsing—a classic sign of weakening momentum. Mixed with tax uncertainty, it's a double hit.
● Economists warn that piling on more taxes could choke innovation, cut jobs, and ultimately reduce the tax revenue governments depend on. For fast-moving tech companies, it's another headache in an already competitive landscape.
● With META now at multi-month lows, investors are trying to figure out if this is just a temporary dip or the start of something worse.
Marina Lyubimova
