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Meta (META) Stock Dives on AI Model Delay, Pressures Tech Peers Broadcom and Adobe

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The Story

News Summary

  • Meta's shares dropped nearly 4% after delaying its next AI model Avocado due to performance issues, signaling setbacks ahead.
  • This adds to broader tech sector pressure amid rising oil prices and other corporate disappointments.
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META price history

648.03 +5.98% over the displayed period

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