Should You Buy the Dip in Meta Platforms Stock Today?

Meta Platforms (META) shares are down nearly 10% this morning even though the tech behemoth came in ahead of Street estimates for its third quarter. The price action primarily reflects growing concern over the company’s aggressive spending plans tied to its artificial intelligence (AI) ambitions. More News from Barchart Meta now expects its capital expenditures to fall between $70 billion and $72 billion, up from its previous outlook for $66 billion to $72 billion. Despite the post-earnings decline, ME ...