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Artificial intelligence
fromBusiness Insider
1 day ago

Meta earnings recap: Stock tumbles 9% after big tax charge and plans to spend even more on AI

Meta will significantly increase AI infrastructure spending and 2026 capital expenditures, betting that larger compute investments will be profitable despite a $15.9 billion tax charge.
#meta-platforms
fromBusiness Insider
4 days ago
Business

5 of the biggest takeaways from Meta's Q3 earnings call

Meta's heavy AI infrastructure spending, a $15.9 billion tax charge, and an EPS miss drove shares down nearly 9% despite $51.24 billion in revenue.
from24/7 Wall St.
2 days ago
Tech industry

Opinion: Meta Stock's Post-Earnings Plunge is a Golden Opportunity to Buy

Meta posted fundamentally solid results, but shares plunged over 11% due to heavy AI spending, a $16 billion tax charge, and Reality Labs cash burn.
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