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Meta beat revenue forecasts, but a $135 billion to $145 billion spending plan and its first negative quarterly free cash flow in years rattled investors. Here is what the numbers mean for the AI race.
Wall Street futures jumped Monday as chip and AI names rebounded sharply from the prior week's rout, with Intel up 5.4%, Meta gaining 2.4%, and Marvell adding 2.6%, as easing oil prices and Treasury yiel
