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- April 25 (Reuters) - Shares of Meta Platforms (META.O) sank 13% on Thursday, sparking a selloff in big technology stocks after the social media firm signaled its costly bet on AI could take years to pay off.
www.reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
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Apr 25, 2024 · Free Article. Why Meta Platforms Stock Crashed and Burned Thursday Morning. By Danny Vena – Apr 25, 2024 at 11:42AM. Key Points. Meta reported revenue and profits that easily surpassed...
- Why Are Shares of Meta Crashing After Earnings ... - The ...
Current Price. $467.05. Price as of May 30, 2024, 4:00 p.m....
- Why Are Shares of Meta Crashing After Earnings ... - The ...
Apr 25, 2024 · Published on 25/04/2024 - 09:23 • Updated 15:03. Share this article. The Facebook parent company, Meta Platforms, reported first-quarter earnings that topped market expectations. However, its...
Apr 25, 2024 · April 25 (Reuters) - Shares of Meta Platforms (META.O) sank 13% on Thursday, sparking a selloff in big technology stocks after the social media firm signaled its costly bet on AI could...
May 13, 2024 · The stock experienced a significant drop of up to 19% in extended trading on April 24, wiping out over $200 billion in market capitalization. This decline occurred despite Meta reporting...
- Aditi Ganguly
Apr 29, 2024 · That said, the stock price plummeted 10.6% April 25th vs a 0.5% decrease in the broader index. The drop came after the company posted lower-than-expected revenue guidance for the second...
Apr 25, 2024 · April 25, 2024, 2:18 PM UTC / Source: CNBC.com. By Ashley Capoot, CNBC. Mark Zuckerberg started Meta’s earnings call Wednesday by talking about artificial intelligence. Then he moved onto the...
