You were reminded of an important investing lesson this week.
But I can't fault you if you missed it, even if it was right under your nose.
Meta (META) being coy about future AI spending isn't what the market wants to hear as overspending fears rattle tech stocks.
Yet that's what the market got — and Meta received another earnings day stock plunge in return. The move is likely to keep dark clouds over the stock through the summer.
"We aren't providing a specific outlook for 2027 capex at this time," Meta CFO Susan Li told ***** ysts on a late-Wednesday earnings call.
#earnings #Stock #reminded
But I can't fault you if you missed it, even if it was right under your nose.
Meta (META) being coy about future AI spending isn't what the market wants to hear as overspending fears rattle tech stocks.
Yet that's what the market got — and Meta received another earnings day stock plunge in return. The move is likely to keep dark clouds over the stock through the summer.
"We aren't providing a specific outlook for 2027 capex at this time," Meta CFO Susan Li told ***** ysts on a late-Wednesday earnings call.
#earnings #Stock #reminded
1 day ago
