Meta's stock plunges 15% on 'aggressive' AI spending plans | Consumer Watch | wsiltv.com

Retrieved on: 2024-04-25 16:06:19

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Meta's stock plunges 15% on 'aggressive' AI spending plans | Consumer Watch | wsiltv.com. View article details on HISWAI: https://www.wsiltv.com/news/consumer/meta-s-stock-plunges-15-on-aggressive-ai-spending-plans/article_5beaafcb-1ecd-5fcf-8415-2e9bf57c64b0.html

Summary

The article outlines how Meta's significant investment in AI for digital advertising growth spooks investors, causing shares to plunge despite strong earnings, as spending forecasts exceed expectations, posing risks to Meta’s market share.

Article found on: www.wsiltv.com

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