Meta's stock fell on Wednesday after the company released its second-quarter earnings report. The punishment from investors is partly due to the company's massive investments in the expansion of artificial intelligence. (Archive photo). Photo: Peter Dasilva/Reuters
AI expansion costs cause Meta stock to fall
Meta’s stock fell 4.8 percent after the company delivered its second-quarter report. Facebook’s parent company provided a disappointing third-quarter revenue forecast of 61 to 64 billion dollars, increasing investor concerns regarding artificial intelligence investments.
Additionally, Meta...
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