Meta's shares dropped almost 8% following two adverse court rulings related to child safety, intensifying regulatory pressure on the tech giant and raising concerns across the digital advertising and social media sectors.
- Meta’s stock dropped nearly 8% after two court defeats
- Legal rulings focused on child safety issues
- QQQ and ^VIX showed signs of increased market volatility
- Regulatory scrutiny of social media platforms is intensifying
- Investor confidence in tech sector is under pressure
- Digital advertising business faces growing reputational risk
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