Stocks
Meta Shares Tumble as AI Spending Concerns Grip Investors
Meta's stock dropped 7% as investors grew wary of Big Tech's massive AI investments, while rivals showed early returns.
Meta's stock dropped 7% as investors grew wary of Big Tech's massive AI investments, while rivals showed early returns.
Beijing has halted Meta's $2 billion purchase of AI startup Manus, citing national security concerns and export control laws. The decision marks...
Meta faces an uncertain path after losing two lawsuits and scaling back its Metaverse ambitions. These challenges, alongside layoffs, prompt questions on...