Meta’s stock experienced a significant drop of 15% due to their ‘aggressive’ plans to invest in AI technology

Meta’s stock experienced a significant drop of 15% due to their ‘aggressive’ plans to invest in AI technology Meta’s stock fell by 15% due to its “aggressive” plans to invest in artificial intelligence, which raised concerns among investors. When the Nasdaq opened, the stock dropped to $421.40, resulting in a decrease in market value of … Read more

Shares of Meta surged by 20% following the announcement of soaring profits, better-than-expected guidance, and the declaration of their first-ever dividend.

Meta‘s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. Meta had a stellar year, with profits soaring to $14 billion in the last quarter of 2023, more than doubling compared to the previous year. Their sales also saw a significant increase, jumping by … Read more

Exit mobile version