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Meta stock plunges 15% as company plans to invest heavily in artificial intelligence
Meta stock plunges 15% due to heavy AI investment plans overshadowing strong financial results, raising concerns about future growth.
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Meta stock plunges 15% due to heavy AI investment plans overshadowing strong financial results, raising concerns about future growth.
Meta (META) beats earnings expectations in Q3, with advertising revenue of $33.64 billion and a 31% increase in ad impressions. Shares rise 4% in after-hours trading.
Metaverse stocks offer investment opportunities as they redefine internet engagement. Meta Platforms, Roblox, and Microsoft are key players to consider.