Meta Platforms News - July 29, 2026
Meta Reality Labs Narrows Loss to $4.62B, Beating Wall Street Estimates
Meta’s Reality Labs reported a $4.62 billion operating loss for the second quarter of 2026. This figure was narrower than the $5.07 billion loss analysts...
Meta's second quarter revenue of $60.8B beat estimates, but earnings missed on surging costs and legal charges.
Meta reported second quarter 2026 revenue of $60.80 billion, up 28% year-over-year, beating analyst estimates. However, diluted earnings per share fell 13% to...
Meta Shares Tumble Over 9% After Reporting Disappointing Earnings Results
Meta Platforms shares plummeted by more than 9% following the release of the company's latest financial results. This significant downward movement was...
Meta ran 7,600 AI nudify ads, violating its own safety policies
Meta’s Facebook and Instagram platforms hosted approximately 7,600 advertisements for AI nudify applications. These apps generate fake nude images in direct...
Meta partners with BlackRock for $14B Texas AI hub, accelerating infrastructure
Meta Platforms and BlackRock formed a joint venture to build a one-gigawatt AI data center campus in El Paso, Texas. The project carries a total development...