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$Meta Platforms (META.US)$
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
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