Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Meta’s strongest quarter came with a $145 billion warning

Meta's stock drops on disappointing guidance, dwindling free cash flow

For capital expenditures, Meta narrowed its guidance for the year to between $130 billion and $145 billion from a prior range of $125 billion to $145 billion. With Meta pouring money into artificial intelligence infrastructure, Meta's free cash flow dwindled to $784 million in the quarter from $8.55 billion a year earlier.

Meta’s stock falls hard. Here’s why the company is in Wall Street’s doghouse.

Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising.

Meta India head named in police case over Facebook videos targeting Modi

By Munsif Vengattil NEW DELHI, July 31 (Reuters) - Police in the southern Indian city of Hyderabad have registered a case against the head of Meta India, Arun Srinivas, over multiple videos posted on the company's Facebook platform that depicted Prime Minister Narendra Modi in an "abusive manner,

Meta shares fall as frustration grows over AI spending plans

Mark Zuckerberg said Meta intends to sell for the first time AI tools to other companies

Meta's future AI data center lease obligations swell to over a quarter trillion dollars

Meta said in a securities filing that it had about $278.99 billion in operating and finance leases that were not yet included on its balance sheet.

City rep slams Meta deal after BlackRock stake sale

City Rep. Josh Acevedo wants to review Meta incentives after BlackRock bought a majority stake in the El Paso project.

How Meta Got Everything It Wanted in a Secret Louisiana Data Center Deal

A Times examination details how the Silicon Valley giant used private talks with local officials to start a project big enough to cover nearly six square miles.

Meta’s Free Cash Flow Dwindles to Lowest in Nearly Four Years

Meta Platforms Inc.’s free cash flow has fallen to the lowest level since the third quarter of 2022, a result of its transformation from a social media app maker into an AI company.

Meta Ray-Ban smart glasses are getting smarter with a significant AI model upgrade

Meta is updating the Ray-Ban Display smart glasses, introducing support for the latest Muse Spark AI model, among other additions.

Bank of America sends strong verdict to Meta stock investor

Bank of America reiterates Buy on Meta stock with an $810 target after a Q2 EPS miss. Analyst Justin Post addresses META's AI assets and ad business.

Meta Falls After Defending AI Bets to Skeptical Investors

Meta Platforms Inc. gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn’t swiftly benefiting from its massive outlay on artificial intelligence.