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Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concerns

News Snapshot:

Meta stock price, earnings and capital spending forecast moved markets after the company released first-quarter results and updated future spending plans. The company increased its capital spending outlook and warned about legal and regulatory risks. Revenue beat expectations and user growth continued. Shares still fell in extended trading after the spending update. The company continues to invest in artificial intelligence and advertising tools while also planning layoffs and workforce changes. The update highlights how Meta is reshaping its business around AI while managing regulatory pressure and global competition.Meta stock price, earnings and capital spending forecastMeta Platforms reported strong quarterly revenue…

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