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Meta Falls 3% as Higher AI Spending Outlook Overshadows Earnings Beat; Alphabet Dips, Microsoft Holds Steady

Source: 247wallst.com

Artificial IntelligenceCorporate EarningsCorporate Guidance & OutlookInvestor Sentiment & Positioning
Meta Falls 3% as Higher AI Spending Outlook Overshadows Earnings Beat; Alphabet Dips, Microsoft Holds Steady

Meta Platforms' revenue and guidance both topped expectations, but heavier AI spending plans overshadowed the strong quarter. Shares were down 3% in morning trading at $677.20.

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