Meta Stock Plummets 15% as Market Reacts to Increased AI Spending from capula investment management ceo Watch Video
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⏲ Duration: 0:39 👁 View: 310K 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 \