META: Meta Stock Is Slipping as China Reviews an AI Deal
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Meta Platforms (META) shares fell 0.5% to around $646 as investors reacted to regulatory risks from China regarding its $2 billion acquisition of AI startup Manus. The review by China's Ministry of Commerce has created uncertainty around the deal, impacting Meta's stock performance. Despite a strong rally last year, recent declines suggest cautious trading behavior among investors. Broader sentiment in large-cap technology has weakened, with U.S. stocks retreating from record highs. Meta's long-term fundamentals remain strong, but near-term performance hinges on regulatory clarity and stock stabilization.
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