New Delhi, Oct. 30 -- Share price of three bellwethers Meta, Microsoft and Alphabet saw a significant movement after the companies reported their third quarterly results on Wednesday.

Meta share price plunged over 8 per cent after it reported a one-time charge of nearly $16 billion in the third quarter tied to U.S. President Donald Trump's "Big Beautiful Bill."

The company also warned that its capital expenditure for next year would be "significantly higher" than in 2025. CEO Mark Zuckerberg has been spearheading an aggressive push into AI, leading a major hiring drive and pledging to invest hundreds of billions of dollars in constructing large-scale AI data centers to advance superintelligence initiatives.

The company's sales for the ...