Meta Q2 2026 earnings: the albatross weighs heavily

July 30, 2026

Meta released its Q2 2026 earnings results yesterday: Meta beat analyst expectations of $60.17BN in revenue, and the company provided revenue guidance for Q3 of $61-64BN, with a midpoint that was slightly below expectations of $63.15BN. Further, Meta narrowed its full-year capital expenditures guidance to $130-145BN, maintaining the high end but increasing the low end from $125BN. […]

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