Why Opera Limited Plunged Today

The company's bottom line disappointed as the browser specialist invested heavily in AI.Shares of internet browser company Opera Ltd. (OPRA -6.97%) were falling in Thursday trading, down 8.6% as of 2 p.m. ET.Opera reported earnings last night, and while revenue slightly beat expectations, earnings per share (EPS) missed. The company is spending heavily on a new artificial intelligence (AI) cluster, much like other big tech companies are. However, given the big spend on AI, some may have anticipated better s ...