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After market 07:59:41 pm | |||
| 452 USD | +2.33% |
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452.5 | +0.12% |
| May. 03 | Tech platforms make pitch for ad deals as TikTok is roiled by politics | RE |
| May. 03 | Google trial wraps up as judge weighs landmark US antitrust claims | RE |
LONDON (Reuters) - Meta Platforms shares plunged 16% early in Frankfurt on Thursday after forecasts of higher expenses and lighter revenue than expected disappointed investors.
Shares in the Facebook parent were down 15.9% by 0614 GMT. Meta shares dropped sharply in after-hours trading on Wall Street the previous day after the company's first-quarter earnings report raised fears that the surging cost of AI is outweighing its benefits.
(Reporting by Amanda Cooper; Editing by Alun John)
| 1st Jan change | Capi. | |
|---|---|---|
| +27.69% | 1,146B | |
| +17.47% | 34.53B | |
| +49.83% | 21.04B | |
| -12.52% | 8.48B | |
| -11.69% | 2.35B | |
| +13.76% | 846M | |
| -19.12% | 515M | |
| -25.38% | 356M | |
| -2.45% | 352M | |
| +7.23% | 221M |
META PLATFORMS, INC. 
