Meta Shares Plunge Amid AI Spending Surge
Meta shares fell up to 11% after quarterly results showed revenue grew 28% to $61bn but profits dropped 14% to $6bn. The company raised its annual spending fore...
AI INVESTMENT SPENDING
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Meta shares fell up to 11% after quarterly results showed revenue grew 28% to $61bn but profits dropped 14% to $6bn. The company raised its annual spending fore...