Meta shares tumble as Mark Zuckerberg tries to sell his vision for AI 'agents

1vuio0pswjnm7

https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-k... https://www.reuters.com/business/meta-narrows-annual-capex-f... https://www.reuters.com/business/retail-consumer/metas-ai-sp... https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity... https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over... https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026... https://www.bloomberg.com/news/articles/2026-07-30/meta-repo... Meta’s Profit Falls 14% as A.I. Spending Continues https://www.nytimes.com/2026/07/29/technology/meta-profit-ai... Meta shares fall as frustration grows over AI spending plans https://www.bbc.com/news/articles/ckgd31l5yrdo https://apnews.com/article/meta-earnings-q2-facebook-profit-... https://www.latimes.com/business/story/2026-07-28/meta-plans... http://fortune.com/2026/07/29/meta-earnings-zuckerberg-hints...

benoau

> we also expect to grow a large business serving large customers as well So they'd have their own AWS / Azure / Google Cloud type service going? Probably the smartest thing they've done in a while.

650

Stock is down more than 12% over the past 5 days. I think Meta still has a strong hold on the online advertising market, but growth from here is hard. Noteworthy stats: EPS $6.18, missing the consensus expectation of roughly $7.14 due to heavy costs. One-Time Charges: Impacted by a $2.4 billion charge for legal proceedings and $1.18 billion in severance from recent workforce reductions. It's now down 23% over the past 12 months, and the stock is now the same price as Sept 2024