Key Takeaways Meta shares tumbled in extended trading Wednesday after the tech giant posted earnings that missed analysts’ estimates, citing a one-time tax charge related to President Trump’s signature “One Big Beautiful Bill.” Meta also raised the lower end of its projected capital expenditures, as it works to build out its AI capacity. A nearly $16 billion tax charge tied …
Read More »Meta Stock Plunges as Profits Take $16B Tax Hit From Trump’s ‘One Big Beautiful Bill’
:max_bytes(150000):strip_icc()/GettyImages-2235586492-c5b7ba6482664b99a313dc546743522e.jpg "Meta Stock Plunges as Profits Take B Tax Hit From Trump’s ‘One Big Beautiful Bill’")
