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Meta Platforms: Meta cash flow craters as Mark Zuckerberg doubles down on AI spending - The Economic Times
The Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 billion a year earlier, sending its shares down 10% in extended trading.
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investors.com
Meta Earnings On Deck. How High Will Zuckerberg's AI Spending Go?
Meta stock is limping into the Facebook parent company's Q2 earnings report. Wall Street will be focused on Zuckerberg's AI plan.
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apnews.com
Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its…
