Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
by CNBC
CNBC— Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.
dailym.ai—Meta loses $200 billion in value in hours after Facebook-owner warns it will invest more than expected in AI. Meta shares crashed in after-hours trading Wednesday after the company warned profits will slip over the summer.
Marketwatch—Meta earnings: Stock decline could wipe out about $200 billion in market cap. Facebook parent Meta Platforms reported first-quarter earnings after Wednesday's closing bell. MarketWatch broke down the results live.
MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.