Meta Has Positive Free Cashflow and Slightly Higher AI Capex
MEta beat on earnings with $60.8 billion for the second quarter but net income declined by 14% compared to the same quarter of the previous year to $15.8 billion. Its diluted earnings per share (EPS) fell 13% year-over-year to $6.18. The company said it expects its 2026 capital expenditures to range between $130 billion and ...
Link :
https://www.nextbigfuture.com/2026/07/meta-has-positive-free-cashflow-and-slightly-higher-ai-capex.html
Link :
https://www.nextbigfuture.com/2026/07/meta-has-positive-free-cashflow-and-slightly-higher-ai-capex.html
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