{"id":273280,"date":"2025-11-05T15:39:09","date_gmt":"2025-11-05T15:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/273280\/"},"modified":"2025-11-05T15:39:09","modified_gmt":"2025-11-05T15:39:09","slug":"meta-spending-spree-recalls-metaverse-debacle-that-crushed-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/273280\/","title":{"rendered":"Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The huge checks <a href=\"https:\/\/www.bloomberg.com\/quote\/META:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Meta Platforms Inc.<\/a> is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that crippled the stock just a few years ago.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Facebook\u2019s parent posted results last week that beat expectations on key metrics. But Wall Street\u2019s focus was on capital expenditures, which the company said would be as much as $72 billion this year and \u201cnotably larger\u201d in 2026. Then, on the earnings call, Chief Executive Officer Mark Zuckerberg downplayed concerns that Meta might be over-spending on things like its Superintelligence Labs group, saying \u201cit\u2019s the right strategy to aggressively front-load building capacity.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors&hellip;\n","protected":false},"author":2,"featured_media":273281,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,1540,181,507,117199,11637,8084,102983,112,92967,1536,923,74,918],"class_list":{"0":"post-273280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-amazon-com-inc","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-capital-expenditures","13":"tag-chief-executive-officer","14":"tag-earnings","15":"tag-mark-elliot-zuckerberg","16":"tag-markets","17":"tag-meta-platforms-inc-class-a","18":"tag-microsoft-corp","19":"tag-stocks","20":"tag-technology","21":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/273280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=273280"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/273280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/273281"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=273280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=273280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=273280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}