Meta Platforms' shares experienced a significant drop of 10.3% on April 30, 2025, closing at $600, the lowest in two weeks. This decline marks the company's largest intraday fall in six months, driven by investor concerns regarding its heavy investments in artificial intelligence, which may not yield immediate returns. In the first quarter, Meta reported sales of $56.3 billion, exceeding Wall Street's expectations of $55.51 billion, and projected current-quarter revenue between $58 billion and $61 billion. Despite these positive results, the company raised its capital expenditure target for 2026 by $10 billion, now estimated at $145 billion, raising alarms about rising costs and the pace of revenue growth. Additionally, Meta reported its first-ever quarterly decline in Daily Active People (DAP), a key user metric, due to internet disruptions in Iran and restrictions in Russia. The ongoing competition in the AI sector, with major tech firms expected to invest up to $725 billion this year, further complicates the outlook for Meta's spending strategy. The stock has struggled since reaching a record high of $796 in August 2025, now sitting nearly 25% below that peak.