On: What’s going on with Google and Facebook hiring freezes?

[baby]

I mean FB's stock got halved in the last few months

[rapsey → baby]

That is because investors don't see a good future for that company. It is basically failing on all fronts.

[baby → rapsey]

this is response to this comment:

> We're not in a recession. Yet. Google and Facebook are ahead of the curve and mostly using the headlines to shake things up internally right now.

which has nothing to do with investors

[hervature → baby]

In case you're not aware, your response is heavily implying that FB's stock falling is proof of a recession. That's why they responded by clarifying that the drop is due to future outlook of investors and not the economy at large.

[baby → hervature]

It's not, the OP said that they were ahead of the curve, and I pointed out that their stock halved.

I do believe we're in a recession though, but Meta's stock is not going to show you that.

[lamontcg → baby]

Stock markets are investor sentiment, they aren't the real economy. They're connected, but they're not the same. Black Monday 1987 didn't correspond to any recession.