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Mark ZuckerbergMeta Platforms (META) stock is down almost 10% in the pre-market this morning. Of everything Meta said this quarter, the real story wasn’t the revenue beat or the one-time tax charge that crushed reported net income. It was this: the company just committed to spending $70-72 billion on capital expenditures in 2025. That’s a 93% increase from 2024’s $37.3 billion. For context, Meta spent $31.4 billion on capex in 2022. The company is nearly doubl…See the Story
Meta Sacrifices Near-Term Cash Flow to Outspend Rivals on AI Build-Out
43% Right coverage: 7 sources
Elon MuskKey PointsDespite record deliveries, profits fell sharply.Tesla continues to lose market share.The valuation is inflated by future promises. These 10 stocks could mint the next wave of millionaires › Coming into Tesla's (NASDAQ: TSLA) third-quarter earnings report, the leading producer of electric vehicles (EVs) reported a record number of deliveries. With the help of the pull-forward effect from the expiring EV tax credit, unit sales rose in Q3…See the Story
2 Charts That Show Why Tesla Is Still in Trouble
100% Left coverage: 2 sources
