Meta Platforms Just Caused This Crucial Artificial Intelligence (AI) Stock to Plummet. Should You Buy the Dip?

When one or two customers contribute a lot of revenue to a single business, it can be problematic. The supplier must maintain great relationships and maybe even give some concessions to these large clients; otherwise, the business might suffer.This is what happened just last week with Meta Platforms (META 2.46%) and Arista Networks (ANET 3.77%). Meta, formerly Arista's biggest customer, pulled back on its spending in 2024. This news caused investors to sell the stock off hard, and it now sits around 25% bel ...