Meta's CEO Admits AI Bets Haven't Delivered Yet as Shares Drop
Meta Platforms (META) reported a 5% drop in share price after CEO Mark Zuckerberg admitted that the company’s significant investments in artificial intelligence have not yet yielded results. Despite plans for $125 billion to $145 billion in capital expenditures by 2026, investors remain skeptical about future returns.

Tickers: $META
Topics: AI Capital Expenditure Share Price Movement Workforce Changes