Meta's stock sinks on report company could raise tens of billions of dollars to fund AI push
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Source: CNBC
Published: 2026-06-06 05:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Financial Markets, Business & Economy, Technology
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Snippet:
Meta shares dropped more than 5% on Friday after the Financial Times reported that the company could potentially raise tens of billions of dollars in a stock offering to fund its artificial intelligence investments.
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