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.
CAA implemented: SC requests an answer from the Center after denying a stay on CAA implementation
Days after India enacted the Citizenship Amendment Act. The Supreme Court was inundated with petitions for the act's retraction. On March 19, the Supreme Court heard arguments against the CAA in more than 200 petitions.
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