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Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Covered by 2 sources · 2 articles

2 outlets - including Yahoo and Thestreet - are covering this story. Meta Platforms (META) generated the kind of sales growth most firms would be thrilled to see. Wall Street retaliated by cutting about 9% off the stock early Thursday, July 30. Facebook's and Instagram's parent company earned $60.8 billion i…

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Yahoo Finance News Jul 31, 18:33 UTC

Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Meta stock plunges as Zuckerberg’s AI gamble devours its cash
TheStreet Jul 31, 15:33 UTC

Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Meta Platforms (META) generated the kind of sales growth most firms would be thrilled to see. Wall Street retaliated by cutting about 9% off the stock early Thursday, July 30. Facebook's and Instagram's parent company earned $60.8 billion i…