Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

Meta’s shares dropped 15% successful after-hours trading pursuing announcements successful April of plans for important concern successful AI, alongside a weaker gross outlook and continued losses successful its metaverse division, Reality Labs. The institution anticipates its expenses volition soar to betwixt $96 cardinal and $99 cardinal for the fiscal year, attributing the summation to higher […]