As Meta Platform Inc. shares tumbled Thursday in the wake of its earnings report, investors were on alert for potential carnage in the stocks of other tech giants. Meta shares fell as much as 12% earlier in the session,

Meta is looking to raise at least $25 billion from a six-part bond sale, hot on the heels of a disappointing earnings report. The social-media company said proceeds from the sale would be used for general corporate purposes.

Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term strategy.

U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the market was expecting and then, unexpectedly, said he did not believe that the AI sector was in a bubble akin to the dotcom boom of 2000.

Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ahead, raising fresh concerns from investors who drove the stock down on worries the company may not have an obvious return on the massive investment.

Meta’s stock slid in after-hours trading Wednesday after the tech giant posted strong third-quarter results but warned that its expenses will be significantly higher in 2026 than this year.

Louisiana approved Meta's $10 billion project in August, saying it would bring "hope" for economic growth, but some experts say the center's power demands will raise customers' power bills​ statewide.

Meta’s spending is hard to rationalize, some analysts say, as it’s uncertain whether heavy investments into the metaverse will generate compelling returns.