Analysts largely impressed with Meta's Q3, but AI spending plans remind of Metaverse days

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Shares in Meta Platforms (META) are down 12% on Thursday, extending Wednesday's post-market losses, after the social media and AI tech giant recorded a one-time charge of nearly $16B after implementing President Donald Trump's OBBBA tax law, which impacted its bottom line

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Analysts largely impressed with Meta's Q3, but AI spending plans remind of Metaverse days

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