- Meta forecast a third straight quarter of revenue declines on Wednesday, leaving CEO Mark Zuckerberg to thank investors who are still on board for their patience.- The company is no longer in the top 20 in terms of market cap in the U.S.Sixteen months after Facebook crossed $1 trillion in market cap, joining an exclusive club consisting of Apple, Microsoft, Alphabet and Amazon, its parent company Meta is worth less than Home Depot and barely more than Pfizer and Coca-Cola.Since changing the company name to Meta a year ago Friday, Zuckerberg has said its future is the metaverse, a virtual universe of work, play and education.But investors just see it as a multibillion-dollar money pit, while the core advertising business shrinks — Facebook is forecasting a third consecutive drop in revenue for the fourth quarter."There's macroeconomic issues, there's a lot of competition, there's ads challenges especially coming from Apple, and then there's some of the longer-term things that we're taking on expenses because we believe that they're going to provide greater returns over time," Zuckerberg said."