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VerifiedAug 4, 06:09 PM
Meta's Q2: AI Fuels Ad Monster, But Expensive Bets Spook Investors
Meta's Q2 2026 earnings, reported for the three-month period ending June 30, delivered a familiar paradox: booming ad revenue powered by AI, overshadowed by investor anxiety over the colossal cost of building that future. While total revenue climbed to $60.8 billion (a 28% year-over-year increase) and advertising revenue hit $59.4 billion (up 27% YoY), beating Wall Street's top-line expectations, earnings per share fell short.
