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Meta Stock Plunges 10%, Loses $175B After AI Spending Shock

Meta stock cratered 10% after the company raised its 2026 AI capex guidance to $145 billion, erasing $175 billion in market value. Strong Q1 earnings overshadowed by investor fears over ballooning AI spending.
Meta Stock Plunges 10%, Loses $175B After AI Spending Shock
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