Meta closed down 7.59% and Alphabet closed down 5.63% on Friday, as Snap's and Twitter's weak earnings, inflation, and interest rates lead to online ad worries (Richard Waters/Financial Times)

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Richard Waters / Financial Times:

Meta closed down 7.59% and Alphabet closed down 5.63% on Friday, as Snap’s and Twitter’s weak earnings, inflation, and interest rates lead to online ad worries  —  Weak earnings raise fears that inflation and interest rates are starting to hit social media companies


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