Meta’s stock sinks as earnings disappoint and capex guidance balloons to $145 billion
Covered by 2 sources · 2 articles
2 outlets - including Invezz and Cryptobriefing - are covering this story. Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive spending fears. The giant’s revenue reached $60.80 billion – up a better-than-expected 28%…
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Meta stock sinks as Q2 earnings disappoint on multiple fronts
Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive spending fears. The giant’s revenue reached $60.80 billion – up a better-than-expected 28%…
Meta’s stock sinks as earnings disappoint and capex guidance balloons to $145 billion
Meta's increased AI investment signals a shift in tech priorities, impacting energy markets and potentially reshaping the digital economy landscape. The post Meta’s stock sinks as earnings disappoint and capex guidance balloons to $145 bill…