Meta (META) Plunges 12% Post Earnings Despite Growth Signals - Tech Sector Shifts
Meta shares dropped 12% following their October 29 earnings release despite strong growth metrics, signaling near-term weakness amid a volatile tech sector.
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Recently added · Page 1Meta (META) Profit Plunges on Tax Charges as Microsoft (MSFT) and Alphabet (GOOGL) Boost Cloud Spending
Microsoft and Alphabet reported strong revenue and cloud growth, increasing investments, while Meta faced an 83% profit drop due to a $15.9 billion tax charge and raised future capital expenditure gu…