Meta stock slide erases $237 billion in market cap as Wall Street pans ‘runaway’ AI spending

Technology

Meta Stock Slide Erases $237 Billion In Market Cap As Wall Street Pans ‘Runaway’ Ai Spending

By MarketWatch

Meta Platforms Inc. just raised the midpoint of its capital-spending forecast for the third time this year, and that has some analysts spooked. It’s not just that Meta META is spending more on artificial intelligence, but that it’s also unclear wheth ...Read more