Meta, formerly known as Facebook, has been experiencing a significant decline in its stock price recently. Investors and analysts are concerned about the company's future prospects, especially in light of its recent struggles with user privacy issues, increasing competition in the social media market, and the overall impact of the global economic downturn.
7 answers
Michele
Thu Nov 21 2024
Meta's (META) stock experienced a significant decline in the premarket session.
CryptoVeteran
Thu Nov 21 2024
Investors were concerned about the company's substantial investments in artificial intelligence.
KatanaSharpness
Thu Nov 21 2024
These expenditures were being weighed against the potential timeframe for generating a return on investment.
Alessandra
Wed Nov 20 2024
Similarly, Microsoft's (MSFT) stock also saw a notable drop in the premarket.
Carlo
Wed Nov 20 2024
The tech giant faced similar scrutiny regarding its AI-related spending.