Meta's metaverse-linked losses topped $3.74 billion over the 2d quarter with the Mountainous Tech participant spending $7.7 billion on its digital fact industry to this point in 2023.
Its 2d-quarter 2023 results released on July 26 saw Meta file an 11% income delight in when put next with the same quarter final year, totaling $31.9 billion.
<em>Meta's segment leads to hundreds and hundreds since Q2 2021 with </em><em>added </em><em>highlights on Actuality Labs' Q2 2023 income and dealing losses. Source: Meta</em><em>Meta's inventory rate spiked to over $320 in after-hours trading on July 26. Source: Google (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/google-inc" id="64c1de9dd6840" class="aqlink js-hover-me" hoverme="aql" data-pairid="6369">GOOGL</a></span>) Finance</em>