Meta Posts Mixed Q2 Results, Joins Coursera, Qualcomm And Other Big Stocks Moving Lower In Thursday’s Pre

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Thursday.

Shares of Meta Platforms Inc (NASDAQ:META) fell sharply in pre-market trading after the company posted mixed financial results for the second quarter.

Meta reported second-quarter revenue of $60.80 billion, beating analyst estimates of $59.50 billion.

The tech giant turned in second-quarter adjusted earnings of $6.18 per share, missing estimates of $7.13 per share, according to Benzinga Pro.

The company also said it anticipates full-year capital expenditures of $130 billion to $145 billion, versus prior guidance of $125 billion to $145 billion.