Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?

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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 The post Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge? appeared first on BeInCrypto.