Meta Stock Plummets 15% as Market Reacts to Increased AI Spending from tesla share price pre market Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 0:39 👁 View: 4M times ✓ Published: 27-Apr-2024
Description: Meta's stock price fell 15% when markets opened on Thursday, wiping $190 billion off its market value. This was in reaction to Meta's pledge to increase spending on artificial intelligence technologies significantly. Meta CEO Mark Zuckerberg said AI spending would need to \