By Vivek Kumar Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading. This decline came after Meta announced higher-than-expected expenses for artificial intelligence (AI) and issued a cautious revenue forecast, which overshadowed its strong first-quarter performance. “Meta reported a 27 per cent increase in revenues (highest YoY growth rate since 2021), a 117 per cent increase in net income, and operating margins of 38 per cent (up from 25 per cent a year ago). Meanwhile, the stock was down 15 per cent …