The pressure on Meta stock was almost certainly due to management's expense guidance raise.
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Higher capital expenditure guidance knocked Meta shares down roughly 6.5% in after-hours trading.
Better-than-expected results from Meta Platforms were being overshadowed by worries around the company's massive artificial…
While sentiment remains strong, some analysts also think Meta's recent AI spending spree may weigh on investor reactions to…
The market lately hasn't known quite how to digest Meta's ambitious plans.
Analysts believe that Meta's reported metaverse cuts underline its strong cost discipline and continued focus on efficiency and…
Shares soared in after-hours trading after Meta delivered strong results and its outlook easily surpassed consensus.
