About 3 hours before it is expected, the following headline ripped across the pages of Bloomberg Terminals:

*META PLATFORMS SEES 2Q REV. $27B TO $29B, EST. $30.74B

And that sent FB shares tumbling...

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The algos immediately BTFD in FB... as Bloomberg issued the following:

*CORRECT: META PLATFORMS DID NOT REPORT EARNINGS

*CORRECT: META PLATFORMS 2Q REVENUE FORECAST REPORTED IN ERROR

Little late for that now eh? Just ignore what you just saw? Pretend you never saw it?

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Did someone screw up Pacific and Eastern Time?