Meta's repeated moves to boost spending have alarmed investors and raised pressure on it to show its spending on AI is paying off. David Paul Morris / Bloomberg / Getty Images Close Key Takeaways A nearly $16 billion tax charge tied to President Trump's signature "One Big Beautiful Bill" squeezed Meta's profits in the third quarter, sending its stock reeling. Shares of Meta Platforms (META) were down 9% in extended trading Wednesday after the tech giant posted earnings that missed analysts' estimates by a w ...