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Meta Stock Slide Deepens. Here’s Another AI Cost To Watch.

Meta Platforms (META) stock fell again Wednesday, pushing shares of the Facebook parent closer to negative territory for the year. Cantor Fitzgerald analysts cut their price target for Meta in a new note, pointing to rising cloud capacity costs that will weigh on earnings. Meta’s slump has been driven by concern about the company’s soaring capital expenditures, as the tech…

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