AI Business Aug 1, 2026
Meta Drops 10% as Cash Burn Reaches Crisis Levels
Meta shares fell 10% after Q2 2026 earnings revealed the company burned through nearly all its free cash flow in one quarter, driven by massive AI infrastructure spending. The results raised questions about the sustainability of Meta's AI investment strategy.
AI Business Aug 1, 2026
Meta Q2 2026: $60.8 Billion Revenue But Free Cash Flow Plunges 91% Amid Record AI Spending
Meta posted $60.8 billion in Q2 2026 revenue but free cash flow fell 91% year-over-year amid record AI capex. The company also launched cut-price Muse Spark 1.1. The results highlight the financial strain of the AI infrastructure race.