alt.hn

7/30/2026 at 1:35:54 PM

Meta shares tumble as Mark Zuckerberg tries to sell his vision for AI 'agents

https://www.ft.com/content/06d941ed-8136-46a4-a2ec-44bea1b35c3b

by 1vuio0pswjnm7

7/30/2026 at 3:24:47 PM

Stock is down more than 12% over the past 5 days. I think Meta still has a strong hold on the online advertising market, but growth from here is hard.

Noteworthy stats: EPS $6.18, missing the consensus expectation of roughly $7.14 due to heavy costs.

One-Time Charges: Impacted by a $2.4 billion charge for legal proceedings and $1.18 billion in severance from recent workforce reductions.

It's now down 23% over the past 12 months, and the stock is now the same price as Sept 2024

by 650

7/30/2026 at 1:48:42 PM

> we also expect to grow a large business serving large customers as well

So they'd have their own AWS / Azure / Google Cloud type service going? Probably the smartest thing they've done in a while.

by benoau

7/30/2026 at 2:37:59 PM

unless their business is going to be putting raw physical infra in dcs, they are about 5 years away from getting to something that could compete with AWS or GCP

by dastbe

7/30/2026 at 3:28:54 PM

Even if if takes 5 years it'll still be worth it - AWS, Azure and Google Cloud are huge businesses. Everyone had a 10-15 year headstart on Azure and it's one of Microsoft's biggest earners now.

by benoau

7/30/2026 at 1:51:55 PM

[dead]

by catlover76

7/30/2026 at 1:37:27 PM

https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-k...

https://www.reuters.com/business/meta-narrows-annual-capex-f...

https://www.reuters.com/business/retail-consumer/metas-ai-sp...

https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity...

https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over...

https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026...

https://www.bloomberg.com/news/articles/2026-07-30/meta-repo...