Meta’s $600B AI Gamble Shakes Wall Street

[kevin1]

Meta’s push into artificial intelligence is sending shockwaves through financial markets.
The company plans to spend as much as $600 billion on U.S. infrastructure over the next three years, building massive data centers and investing heavily in AI research.
But the cost is steep — operating expenses rose $7 billion year-over-year, and capital expenditures nearly hit $20 billion, with no clear revenue return yet.
Despite CEO Mark Zuckerberg’s optimism about “massive latent opportunities,” Meta’s stock fell 12%, erasing over $200 billion in market cap.