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Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
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cnbc.com
Meta to report third-quarter earnings after the bell
Meta will report third-quarter earnings on Wednesday and investors will be watching for any signs that it will increase spending on artificial intelligence.
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theguardian.com
Meta reports mixed financial results amid spree of AI hiring and spending
Tech company brings in record quarterly revenue but major tax bill dampens earnings per share
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Meta CEO Mark Zuckerberg defends AI spending: 'We're seeing the returns'
Mark Zuckerberg is reminding investors that Meta needs to keep spending on artificial intelligence because of the risk of not investing enough.
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Meta's spending outlook is sending the stock lower. Here's what analysts had to say
Better-than-expected results from Meta Platforms were being overshadowed by worries around the company's massive artificial intelligence spending plans.
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Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.