List of Flash News about Meta stock drop
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2025-05-15 19:24 |
Meta Stock Drops 3% After AI Model Delay Announcement: Impact on Crypto Market
According to The Kobeissi Letter, Meta stock ($META) declined by 3% immediately following the company's announcement of a delay in its flagship AI model release (source: The Kobeissi Letter, May 15, 2025). This setback in Meta's AI development timeline is viewed as a risk-off signal for tech equities, which often correlates with increased volatility in the cryptocurrency market as traders adjust positions in tech-driven digital assets and AI-related crypto tokens. |