It also faces legal risks related to its core business. Read more at straitstimes.com. Read more at straitstimes.com.

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

Meta’s revenue rose 28% to $60.8bn, but profit fell 14% and free cash flow collapsed 91% to $784m as its AI build-out costs climbed. The stock dropped.