Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details

Source: Biztoc.com· fortune.com· July 30, 2026
Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details

The AI trade is coming to a realization: America’s best businesses are turning into utilities.Such is the fate that befalls Meta, whose shares fell as much as 10% in after-hours trading Wednesday after the company missed earnings due to costs ballooning 55% (…

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