UPDATE 7-Meta shares fall on concerns over AI spending, legal scrutiny
Published on: April 30, 2026, 7:28 a.m. | Source: Devdiscourse
Matt Britzman, an analyst at Hargreaves Lansdown, said Meta's higher capital spending spooked investors but is likely overblown as it reflects more expensive memory prices rather than changes to Meta's investment plan. 'OPTIMAL SIZE' The results come weeks after Reuters first reported Meta's plans for sweeping layoffs, as CEO Mark Zuckerberg attempts to aggressively integrate AI into the company's workflows and reshape its workforce around the technology.
