Meta stock falls as investors are disappointed by the AI spending forecast. Following the announcement of the company...
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Meta stock falls as investors are disappointed by the AI spending forecast. Following the announcement of the company...
Read More
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.
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