Meta’s spending outlook is sending the stock lower. Here’s what analysts had to say
Better-than-expected results from Meta Platforms were being overshadowed by worries around the company’s massive artificial intelligence spending plans. The tech giant earned an adjusted $7.25 per share on $51.24 billion in revenue during the third quarter. That exceeds the $6.69 per share and revenue of $49.41 billion that analysts polled by LSEG had penciled in….