Is Down 6.6% After AI Costs Squeeze Q2 Profitability And What's Next

Meta Platforms has reported its Q2 2026 results, with revenue rising to about US$60.80 billion from US$47.52 billion a year earlier, while net income fell to around US$15.85 billion and diluted EPS dropped to US$6.18 amid sharply higher costs. - The company …



