Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?
Meta Q2 earnings beat Wall Street on revenue but missed on profit, as AI infrastructure spending, legal charges, and severance costs pushed the operating margin down to 31% from 43%. Shares fell 5.06% to $556 in after-hours trading on Wednesday, according to Benzinga, as investors weighed a higher capital spending outlook against shrinking free cash
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