Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing"
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Source: Zero Hedge
Published: 2026-04-30 07:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.
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