Facebook's Metaverse Struggles and Oil Profits

This chapter examines the steep decline in Facebook's stock due to disappointing quarterly results and challenges in establishing a viable metaverse, highlighting skepticism around its technological future. Additionally, it critiques the profits of major oil companies like Exxon amidst rising consumer prices, while discussing the implications of proposed windfall profits taxes. The conversation touches on the complex transition from traditional energy sources to renewables, emphasizing the automotive industry's adaptation to new regulations.