Meta Q3 Earnings Beat Masks $9.9B Legal Charge as AI Spending Spooks Wall Street
Meta Platforms just delivered one of the strangest earnings reports of the season: revenue of $64.6 billion, up 26% from $51.24 billion a year earlier and above the roughly $63.3 billion expected — paired with net income of only $9.86 billion because a single roughly $9.89 billion legal charge ate almost everything. The stock initially … Read more