The post Meta Stock Plummets Over 12% Amid Soaring AI Investments and One-Time Tax Hit appeared on BitcoinEthereumNews.com. Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments with a high risk of losing money due to leverage. 82% of retail investors lose money trading CFDs with this provider. Ensure you understand the risks before trading. Past performance is not indicative of future results. Meta (META) suffered a sharp stock decline of 12.3% on Thursday, plunging to approximately $658.50 following its Q3 earnings report. This marks the company’s largest single-day drop since a 24.5% plunge in October 2022, despite topping revenue expectations. Q3 earnings miss due to tax charge While Meta reported revenue of $51.2 billion, beating Wall Street expectations of $49.5 billion, its earnings per share (EPS) came in at just $1.05, a staggering 84% below consensus estimates of $6.72. The shortfall was largely attributed to a one-time $15.9 billion tax expense stemming from the Trump “One Big Beautiful Bill Act,” which Meta said will result in reduced federal cash tax payments going forward. Excluding this charge, Meta claimed its adjusted EPS would have been $7.25. Soaring AI investments rattle investors The steep drop in Meta’s share price also reflects growing investor unease over the company’s aggressive capital spending on artificial intelligence. $META call just wrapped up. I think I figured out why $META stock is down 9%. Expenses are growing faster than revenue, driven by third party cloud. The last two years it’s been the flip story. March revenue up 16% vs. expenses up 9%,June revenue up 22% vs. expenses up 12%.… — Gene Munster (@munster_gene) October 29, 2025 Meta increased its 2025 capital… The post Meta Stock Plummets Over 12% Amid Soaring AI Investments and One-Time Tax Hit appeared on BitcoinEthereumNews.com. Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments with a high risk of losing money due to leverage. 82% of retail investors lose money trading CFDs with this provider. Ensure you understand the risks before trading. Past performance is not indicative of future results. Meta (META) suffered a sharp stock decline of 12.3% on Thursday, plunging to approximately $658.50 following its Q3 earnings report. This marks the company’s largest single-day drop since a 24.5% plunge in October 2022, despite topping revenue expectations. Q3 earnings miss due to tax charge While Meta reported revenue of $51.2 billion, beating Wall Street expectations of $49.5 billion, its earnings per share (EPS) came in at just $1.05, a staggering 84% below consensus estimates of $6.72. The shortfall was largely attributed to a one-time $15.9 billion tax expense stemming from the Trump “One Big Beautiful Bill Act,” which Meta said will result in reduced federal cash tax payments going forward. Excluding this charge, Meta claimed its adjusted EPS would have been $7.25. Soaring AI investments rattle investors The steep drop in Meta’s share price also reflects growing investor unease over the company’s aggressive capital spending on artificial intelligence. $META call just wrapped up. I think I figured out why $META stock is down 9%. Expenses are growing faster than revenue, driven by third party cloud. The last two years it’s been the flip story. March revenue up 16% vs. expenses up 9%,June revenue up 22% vs. expenses up 12%.… — Gene Munster (@munster_gene) October 29, 2025 Meta increased its 2025 capital…