Meta reports Q2 revenue up 28% YoY to $60.8B and family daily active people up 3% to 3.6B on average for June 2026; META drops 4%+ after hours
THE SO WHAT
28% top-line growth and 3.6B daily users still aren’t enough to offset investor anxiety about Meta’s AI spend—Wall Street is now explicitly discounting even strong ad businesses that don’t show near-term AI monetization. If you’re pitching “AI as infra for future products,” be ready to defend it against a market that wants AI as revenue this fiscal year.
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