Changes in US stocks | Q2 revenue exceeded expectations and could not hide AI investment anxiety Meta (META.US) fell more than 9%

The Zhitong Finance App learned that on Thursday, Meta (META.US) opened and fell sharply. As of press release, the decline was more than 9%. According to the news, Meta announced financial results for the second quarter of 2026 ending June 30. According to the data, the company's second-quarter revenue was 60.8 billion US dollars, expected to be 60.17 billion US dollars, and earnings per share were 6.18 US dollars, which fell short of the forecast of 7.22 US dollars. Net profit slipped from US$18.34 billion in the same period last year to US$15.85 billion, down 14% year on year. The company's core advertising business is still strong, and revenue has reached a new high, but the profit side has been hit hard by heavy investment in AI and one-time expenses. Furthermore, the revenue guidelines issued by the company fell short of market expectations, and cash reserves were drastically reduced.