Meta misses earnings forecasts after Zuckerberg media push to promote AI

Source: www.theguardian.com · Section: business-tech · Bias: Center-Left · Published: Wed, 29 Jul 2026 21:26:49 GMT

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AIMark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday.In a Wall Street Journal op-ed published on Tuesday, the Meta chief executive expressed his optimism for a world where everyone has access to a super-intelligent machine. Continue reading...

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