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Meta drops 15% on weak outlook and high AI and metaverse spending

April 25, 2024 by DIGIT

Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products. Go to Source

Categories ai, Artificial Intelligence, meta shares, Meta., metaverse, q1 2024, Q1 Earnings, Reality Labs, stock price


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  • bitcoinBitcoin(BTC)$87,835.00-0.53%
  • ethereumEthereum(ETH)$2,978.050.18%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$862.080.18%
  • rippleXRP(XRP)$1.84-2.12%
  • JPool Staked SOLJPool Staked SOL(JSOL)$169.893.82%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$125.290.77%
  • tronTRON(TRX)$0.282712-0.83%
  • staked-etherLido Staked Ether(STETH)$2,976.590.21%