The performance of the stock market is poor, and investors may be depressed these days, but the hardest part is probably.$Netflix Inc (NFLX.US) $Investors.

Netflix Inc, who had a thunderous performance, fell 39% last night, closing down 35%, and his market capitalization fell 56 billion US dollars overnight.

Billionaire Bill Ackman, founder of hedge fund Pershing Square, INC., emptied his $1.1 billion position in Netflix Inc on Wednesday, losing more than $400m.

He bought more than 3.1 million shares of Netflix Inc between January 21 and January 26, when the share price was between $351.46 and $409.14, while Netflix Inc closed at $226.19 last night.

In the face of huge losses, some media revealed that "Bill Ackman cried so much that even the neighbors heard it." "

JPMorgan Chase & Co also lowered its target price for Netflix Inc to $300 from $605 and its rating to neutral from overweight.

JPMorgan Chase & Co analysts said Netflix Inc's recent development was "limited" and lowered its forecast for Netflix Inc's net new users in 2022 from 16 million to 8 million.

Hidden worries about Meta performance

Netflix Inc's performance has become a reality. At present, investors seem to be more worried about Facebook Inc's parent company, which also has hidden performance worries.$Meta Platforms (FB.US) $. Last night, Meta suffered its biggest decline in two months, closing down 7.8 per cent.

On April 27th, Meta will release Q1 financial results for 2022, and the "tragic" of the last quarter is still fresh in my mind.

In early February, Meta reported results that missed expectations, causing its share price to plunge nearly 30% overnight, wiping $250 billion off its market capitalization.

Analysts believe that the change in Apple Inc's privacy policy has brought disadvantages to Meta, which weakens Meta's ability to deliver targeted ads. "in view of this problem, Meta is likely to experience another bumpy quarter," Royal Bank of Canada Capital Markets (RBC Capital Markets) wrote in a research report.

Michael Cuggino, president and portfolio manager of Permanent Portfolio Family of Funds, said he bought a few Meta shares because of valuation, but broader concerns prevented him from buying more aggressively.

"valuation is reasonable, especially for a growing technology company, but the uncertainty is real," Cuggino said in an interview with Bloomberg. "he also mentioned Apple Inc's policy and the overall weak stock background," the biggest uncertainty is the economic recession environment, Meta's advertising budget will be greatly reduced. "

Ronald Josey, an analyst at JMP Securities, maintained Meta's outperform rating, but lowered his target price to $265 from $350.

Josey also highlighted two aspects that Meta worries him, including the privacy of Meta's Facebook Inc platform and whether it can compete head-on with the fast-growing TikTok.

Payment business is also blocked: Meta failed to launch merchant payment service in Brazil

According to reports, several people familiar with the matter said that Meta failed to launch WhatsApp payment service in Brazil as planned due to differences with potential payment partners. WhatsApp originally planned to launch the merchant payment service (P2P) in Brazil at the end of last year, which will be the first time that WhatsApp has launched the payment function worldwide.

So far, however, WhatsApp has struggled to sign up with local partners (to help launch services and handle electronic payments) and has to wait for approval from Brazil's central bank. Brazil is the second largest market for WhatsApp, with 120 million users.

This means that Meta's foray into the financial services industry is another setback. According to the original plan, Meta hopes to use the Brazilian market as a test bed to launch merchant payment services first, and then expand to other markets around the world, thus further boosting e-commerce business.

At the same time, as the popularity of major products such as Facebook Inc and Instagram has declined, Meta is also looking for alternative revenue sources.

There's still hope?

There are also bullish voices that there is still hope for Meta.

Dan Davidowitz, a portfolio manager at Polen Capital, points out that Meta's Facebook, Instagram and WhatsApp are all dynamic, growing app,TikTok that are difficult to compete with.

"even if all Meta audiovisual platforms and social media users lose their stay time and flow to TikTok, we don't think it will have that much impact on advertising spending," he said. "

He pointed out that the reason why advertisers advertise on Facebook Inc and Instagram is that Meta's advertising ability is first-class. As for the problems related to Apple Inc's change of privacy policy, he believes that the problem is "solvable", but it cannot be solved within this year.

He also said that Meta has a solid user base: "in fact, Facebook Inc and Instagram account for almost the same proportion of young people, and young people continue to use Facebook Inc." Instagram has 2 billion users and Facebook Inc 3 billion. "

Do you guys like Meta?

Performance is just around the corner, how does Meta's share price go?

You are welcome to leave your comments in the comments section.