Meta misses on Q2 earnings, stock tumbles

Only right-leaning outlets are covering this.

How each outlet headlined it

• Yahoo Finance center

  Meta misses on Q2 earnings, stock tumbles
• Deadline center

  Meta Stock Tanks In Jittery Market On Massive AI Investment, Mixed Q2
• Deadline center

  Meta shares plunged more than 8% in the after market as it said it plans to invest between $130 billion and $145 billion on AI this year. The parent of Facebook, Instagram and WhatsApp also missed Wall Street’s Q2 earnings per share forecast and anticipated softer than expected revenue in the current third quarter. Revenue […]
• The Guardian left

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