AI Matters
Why it matters
Meta's stock fell nearly 8% after AI spending failed to boost earnings
The Guardian AI Meta misses earnings forecasts after Zuckerberg media push to promote AI
Meta's second quarter earnings missed forecasts and its stock fell nearly 8%, despite a media push touting AI benefits.
Why it matters
A stock drop this size at a company this size shows investors losing patience with heavy AI spending.
Latest brief · Jul 29, 2026