Meta Stock Drops 10% on Steeper AI Costs, Missed Forecast

Date:




An update on the company’s AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.



Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Hayden Panettiere’s ex-fiancé files for temporary guardianship of estate on behalf of daughter

Hayden Panettiere's ex-fiancé files for temporary guardianship of her...

Hayden Panettiere’s Ex Files Petition Over Daughter’s Inheritance

Hayden Panettiere's ex-fiancé Wladimir Klitschko, who is the father...

Oil Prices Reverse Gains as Gulf Crude Exports Recover

Oil prices fell as investors weighed signs of recovering...