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1. • Higher expenses and lighter than expected revenue

     • Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, evaporating $200 billion in stock market value and raising fears that the surging cost of AI is outpacing its benefits.
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     Meta shares drop after warning of weak revenue growth, higher ...

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   Why did Meta Share price drop 19%?

   • Meta shares tumbled as much as 19% in extended trading on Wednesday, wiping out more than $200 billion in market cap. The drop came despite Meta reporting better-than-expected profit and revenue for the first quarter. Shares opened more than 14% lower Thursday. Zuckerberg appeared ready for the sell-off.

   Meta stock plummets after Zuckerberg touts money-losing projects - N…

   www.nbcnews.com/tech/tech-news/meta-stock-plummets-zuckerberg-touts-money-losing-projects-rcna149336

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   Why is meta platforms stock plunging 11%?

   • Meta Platforms Inc.’s stock is plunging 11% in extended trading Wednesday, minutes after the company posted quarterly results that included higher expenses and so-so revenue projections. Meta reported fiscal first-quarter net income of $12.4 billion, or $4.71 a share, compared with net income of $5

   Meta earnings: Stock declines accelerate and could wipe out $200 billio…

   www.marketwatch.com/livecoverage/meta-earnings-facebook-q1-stock-results-expectations/card/meta-s-stock-is-plunging-on-higher-expenses-so-so-revenue-guidance-oP1UyQthZBDI98eRrSZR

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   How much revenue does meta expect in April-June?

   • Meta said it expects April-June revenue in the range of $36.5 billion-$39 billion, with a midpoint of $37.8 billion, compared with analysts’ estimates of $38.3 billion, according to LSEG data. Meta’s shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value. Getty Images

   Meta shares drop after warning of weak revenue growth, higher AI expe…

   finance.yahoo.com/news/meta-shares-drop-warning-weak-210145585.html

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   How did Mark Zuckerberg Start meta's earnings call?

   • Mark Zuckerberg started Meta’s earnings call Wednesday by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses and operating system. He spent almost the entirety of his opening remarks focused on the many ways Meta loses money. Investors weren’t into it.

   Meta stock plummets after Zuckerberg touts money-losing projects - N…

   www.nbcnews.com/tech/tech-news/meta-stock-plummets-zuckerberg-touts-money-losing-projects-rcna149336

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3. www.nbcnews.com › tech › tech-newsMeta stock plummets after Zuckerberg touts money-losing projects

   www.nbcnews.com › tech › tech-news

   • Cached

   Apr 25, 2024 · Meta shares tumbled as much as 19% in extended trading on Wednesday, wiping out more than $200 billion in market cap. The drop came despite Meta reporting better-than-expected profit and...

4. finance.yahoo.com › news › meta-shares-drop-warningMeta shares drop after warning of weak revenue growth, higher ...

   finance.yahoo.com › news › meta-shares-drop-warning

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   Apr 24, 2024 · Advertisement. Meta's shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value.

5. Videos

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     Inside Meta's Stock Collapse: Steve Forbes

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     Why Meta Stock Dropped 70%? Stock Market Crisis...Massive layoffs

     Mar 15, 2023

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     Meta Shares Drop 23 Percent Following Disappointing Quarterly Report

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6. www.nasdaq.com › articles › meta-platforms-stockMeta Platforms Stock Dropped 10.6% In A Day, What's Next?

   www.nasdaq.com › articles › meta-platforms-stock

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   Apr 30, 2024 · Written by Trefis Team for Trefis -> Meta Platforms’ stock (NASDAQ: META) has gained 25% YTD, while the S&P500 is up only 6% over the same period. That said, the stock price plummeted 10.6%...

7. www.fool.com › investing › 2024/04/19Why Meta Platforms Stock Flopped on Friday | The Motley Fool

   www.fool.com › investing › 2024/04/19

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   Apr 19, 2024 · Market Cap. $1,213B. Today's Change. (2.67%) $12.44. Current Price. $478.22. Price as of May 24, 2024, 4:00 p.m. ET. A development with one of the company's apps was concerning to investors. One ...

8. www.kiplinger.com › investing › stocksMeta Stock Slides as AI Spending Ramps Up: What To Know

   www.kiplinger.com › investing › stocks

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   Apr 25, 2024 · By Joey Solitro. last updated 25 April 2024. MetaPlatforms ( META) beat analysts' top- and bottom-line estimates in its first-quarter earnings report. Nevertheless, META stock plunged 10.6%...

9. www.marketwatch.com › livecoverage › meta-earningsMeta's stock is plunging on higher expenses, so-so revenue ...

   www.marketwatch.com › livecoverage › meta-earnings

   Apr 24, 2024 · Meta Platforms Inc.’s stock is plunging 11% in extended trading Wednesday, minutes after the company posted quarterly results that included higher expenses and so-so revenue projections. Meta...

10. www.marketwatch.com › story › meta-stock-suffersMeta stock suffers steepest weekly drop on record amid ...

    www.marketwatch.com › story › meta-stock-suffers

    Oct 28, 2022 · -1.75% SPX. -0.04% Shares of Meta Platforms Inc. META, -1.75% suffered their largest weekly plunge on record this week as the company's third-quarter earnings report met a chilly reception on...