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AI spending out of control? Meta's market value evaporates by over 1.5 trillion overnight, and its target price is scrambled to be lowered by investment banks.

Meta shares were sold off sharply on Thursday, Eastern Time, after the company raised its capital expenditure forecast ...

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2026-01-12
AI spending out of control? Meta's market value evaporates by over 1.5 trillion overnight, and its target price is scrambled to be lowered by investment banks.