Jim Cramer Dumps on Meta: Why Wall Street’s Clown Prince Is Betting Against the Metaverse

Meta Platforms (META) just got a brutal thumbs-down from CNBC’s Jim Cramer—the same guy who told investors to ’buy, buy, buy’ Bear Stearns weeks before its collapse. Now he’s waving the bear flag on Zuckerberg’s empire. Here’s why.

The Metaverse Money Pit: Cramer cites slowing ad revenue and Zuckerberg’s ’delusional’ metaverse spending as red flags. Meanwhile, Meta’s AI pivot looks like a desperate scramble to catch OpenAI.

Wall Street’s Broken Crystal Ball: Remember when analysts swore Facebook was ’dead’ during the Cambridge Analytica scandal? The stock then tripled. Cramer’s bear call reeks of herd mentality—just as retail investors start piling back in.

The Bottom Line: Meta’s either the next Amazon (surviving early skepticism to dominate) or the next Yahoo (bleeding out while chasing yesterday’s trends). Either way, betting against tech visionaries has burned shorts for decades. But hey—at least Cramer’s consistent at being wrong.