Meta beat Q2 2026 revenue estimates at $60.8B but missed EPS by nearly a dollar as AI capex guidance ballooned to $125-145 billion, rattling

Meta faces investor skepticism ahead of Q2 2026 earnings as its $125B-$145B AI capex plan raises concerns about free cash flow and return

Meta stock is limping into the Facebook parent company's Q2 earnings report. Wall Street will be focused on Zuckerberg's AI plan.