Facebook done an Alphabet and have an umbrella brand, for which Facebook is basically a side project now and not to be taken seriously. Facebook is still a cash

Facebook done an Alphabet and have an umbrella brand, for which Facebook is basically a side project now and not to be taken seriously. Facebook is still a cash cow for Meta just like Google is a cash cow for Alphabet and fuels their AD business. Tectonic shifts and pivots like this just mean they have the opportunity to branch out into other markets and not rely on singular revenue streams which could become unreliable in the future. It’s a risky bet that could work. Only time will tell and I’m not predicting anything.