Meta Shares Drop as AI Costs Outweigh Revenue
Meta shares fell over five percent in early trading after investors weighed rising artificial intelligence costs against strong quarterly results. The decline followed a massive privacy penalty and heavy spending forecasts.
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Meta Platforms shares fell 5% in early trading on Thursday, as investors balanced fast-growing AI agent adoption against surging infrastructure costs. The pullback follows a 5% gain for the stock over the year through Wednesday's close. If the losses hold, the social media giant is set to shed $85 billion in market value.
