Meta (NASDAQ: META) jumps 7% as tech stocks rebound. Explore Q2 earnings, raised AI CapEx guidance, and key technical levels.
Meta Q2 revenue +28% to $60.8B (beat); EPS $6.18 misses consensus. Raises 2026 CapEx to $130-145B for AI infrastructure. CapEx boost despite earnings miss signals that Meta prioritizes AI infrastructure over short-term profit—impacts CTO budget and stack decisions.
Meta Platforms Inc.
(NASDAQ:META) stock climbed nearly 7% on Monday as investors returned to mega-cap technology stocks after last week's post-earnings selloff.
The broader market also advanced, with the Nasdaq rising 1.67% and the S&P 500 gaining 1.34%.
Earnings Snapshot Meta reported mixed second-quarter results on July 29.
Revenue rose 28% year over year to $60.8 billion, topping estimates of $59.5 billion, while adjusted EPS of $6.18 missed the consensus of $7.13.
META stock rises as BofA reiterates a Buy rating and $835 target ahead of July 29 earnings. Read the full market analysis.
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