Pre-market performance of Meta is worse than other seven tech giants, and its rating has been downgraded previously.
Meta underperformed other tech giants in pre-market trading. The social media giant was downgraded by Arete, which stated that it is "lagging behind in the commercialization of artificial intelligence". Meta fell 0.7%, Amazon fell 0.4%, Alphabet fell 0.2%, Apple, Nvidia, and Tesla were relatively stable, while Microsoft rose 0.1%.
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