Meta takes $16B hit to earnings from Trump’s Big Beautiful Bill, warns of higher AI costs

Tehnologie

Meta forecast “notably larger” capital expenses next year thanks to investments in AI, and recorded a nearly $16 billion one-time charge related to President Trump’s ‘Big Beautiful Bill’ that pummeled its third-quarter profit. Shares of the company fell more than 6% after the bell. Excluding the charge, Meta said its third-quarter net income would have increased by $15.93 billion to $18.64 billion, compared to the reported net income of $2.71 billion. While third-quarter revenue beat estimates,

din zilele anterioare