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Meta's Stock Price Drops Amid Concerns Over AI Spending and Legal Scrutiny
4 hour ago /
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Author：小编
Meta Platforms raised its capital expenditure forecast for 2026 to $125 billion-$145 billion on Wednesday, up from the previous estimate of $115 billion-$135 billion, indicating its plan to invest more funds in artificial intelligence infrastructure. As a result, its stock price fell more than 6% in after-hours trading. The company warned that legal and regulatory issues in the EU and the US could have a significant impact on its business and financial performance. Additionally, the company is facing issues such as a global teen boycott of social media and lawsuits in multiple locations, which could ultimately result in substantial losses.
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