Meta, the parent of Facebook, Instagram and more, saw its top-line revenue jump 26% to a whopping $51.2 billion in the third quarter — a new quarterly record. But a provision of President Trump’s One Big Beautiful Bill Act led to a huge tax charge, causing the internet giant to fall well short of Wall Street expectations. The implementation of …
Read More »Meta Q3 Earnings Stunted by $16 Billion U.S. Tax Charge Because of Trump’s One Big Beautiful Bill Act
