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Meta Platforms
Everything Briefed has filed against Meta Platforms, most recent first.
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Big Tech's $650bn AI spending spree triggers investor revoltThe arithmetic is brutal: Alphabet, Amazon, Meta, and Microsoft will collectively burn through $650 billion in 2026, mostly on AI infrastructure that generates no immediate revenue. Meta hiked its …Meta shares crater 13% as AI spending reality bitesMeta stock fell 13% this week after the company raised 2026 capex guidance to $145 billion, driven by AI infrastructure and a Texas data center that ballooned from $1.5 billion to $10 billion. Lega…