Meta reported a Q3 EPS miss after booking a $9.89 billion legal charge, while signaling continued expansion in AI spending.
The company also announced a leadership shift in infrastructure, with the current head stepping down and a former AWS executive set to take over. Investors are weighing the one-time legal hit against ongoing AI investment plans and the broader execution outlook.
$METAB $META.US #CoinVahini #META #Meta #Earnings #AI
The company also announced a leadership shift in infrastructure, with the current head stepping down and a former AWS executive set to take over. Investors are weighing the one-time legal hit against ongoing AI investment plans and the broader execution outlook.
$METAB $META.US #CoinVahini #META #Meta #Earnings #AI