As Meta heads into Q2 earnings, it faces a perfect storm of threats

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The advertising giant’s business has seemed impervious to scandal and market forces, but this time may be different.

As Facebook-parent Meta prepares to announce its second-quarter earnings next week, the company’s future has rarely looked so shaky. The company is facing negative macrotrends; a tightening ad market; less ability to track users; and a dearth of new, young users.

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