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France 24
France 24
Business
Bryan QUINN

Meta beats expectations on revenue, profits but AI spending spooks investors

BUSINESS DAILY © FRANCE 24

Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure. Also in this edition: British mining giant BHP makes a $39 billion bid for its rival Anglo American, and Boeing's losses deepen.

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