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Meta Plummets After Trump Bill’s $16 Billion Tax Charge
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before a hefty tax charge.
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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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cnbc.com
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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forbes.com
Meta Plummets After Trump Bill’s $16 Billion Tax Charge
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before a hefty tax charge.