Meta stock falls as investors are disappointed by the AI spending forecast.
Following the announcement of the company's first-quarter results report, Meta's stock price plummeted. Forecasts of lower-than-expected revenue and increased expenses caused investors to react unfavorably. Meta's market capitalization lost around $200 billion due to the decline in stock prices, and its market value has dropped to about $1 trillion as a result.
Community-based vigilante patrol squads are being established by an increasing number of states in the conflict-ridden northern area of Nigeria to bolster security in villages where violent killings and kidnappings are commonplace.
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