4 ms·

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

11 points by 1vuio0pswjnm7 3mo ago

1vuio0pswjnm7 3mo ago
https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-keeps-getting-weaker-aa4b9a5c https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-k... https://www.reuters.com/business/meta-narrows-annual-capex-forecast-ai-buildout-grows-2026-07-29/ https://www.reuters.com/business/meta-narrows-annual-capex-f... https://www.reuters.com/business/retail-consumer/metas-ai-splurge-lays-bare-its-compute-conundrum-2026-07-30/ https://www.reuters.com/business/retail-consumer/metas-ai-sp... https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity-dilemma-what-to-sell-vs-what-to-keep.html https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity... https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over-4point6-billion-in-second-quarter.html https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over... https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026.html https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026... https://www.bloomberg.com/news/articles/2026-07-30/meta-reports-279-billion-in-future-data-center-leases-for-ai?srnd=phx-technology https://www.bloomberg.com/news/articles/2026-07-30/meta-repo... Meta’s Profit Falls 14% as A.I. Spending Continues https://www.nytimes.com/2026/07/29/technology/meta-profit-ai.html https://www.nytimes.com/2026/07/29/technology/meta-profit-ai... Meta shares fall as frustration grows over AI spending plans https://www.bbc.com/news/articles/ckgd31l5yrdo https://www.bbc.com/news/articles/ckgd31l5yrdo https://apnews.com/article/meta-earnings-q2-facebook-profit-revenue-ai-bcbc62dde6d2cac724e3b3385fcabeab https://apnews.com/article/meta-earnings-q2-facebook-profit-... https://www.latimes.com/business/story/2026-07-28/meta-plans-to-back-14-billion-data-center-in-texas https://www.latimes.com/business/story/2026-07-28/meta-plans... http://fortune.com/2026/07/29/meta-earnings-zuckerberg-hints-cloud-business-free-cash-flow-capex/ http://fortune.com/2026/07/29/meta-earnings-zuckerberg-hints...
benoau 3mo ago
> 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.
- catlover76 3mo ago
  [dead]
- dastbe 3mo ago
  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
  - benoau 3mo ago
    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.
650 3mo ago
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

11 points by 1vuio0pswjnm7 3mo ago

https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-keeps-getting-weaker-aa4b9a5c https://www.wsj.com/tech/ai/metas-case-for-its-ai-spending-k... https://www.reuters.com/business/meta-narrows-annual-capex-forecast-ai-buildout-grows-2026-07-29/ https://www.reuters.com/business/meta-narrows-annual-capex-f... https://www.reuters.com/business/retail-consumer/metas-ai-splurge-lays-bare-its-compute-conundrum-2026-07-30/ https://www.reuters.com/business/retail-consumer/metas-ai-sp... https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity-dilemma-what-to-sell-vs-what-to-keep.html https://www.cnbc.com/2026/07/29/zuckerberg-metas-ai-capacity... https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over-4point6-billion-in-second-quarter.html https://www.cnbc.com/2026/07/29/metas-reality-labs-lost-over... https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026.html https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026... https://www.bloomberg.com/news/articles/2026-07-30/meta-reports-279-billion-in-future-data-center-leases-for-ai?srnd=phx-technology https://www.bloomberg.com/news/articles/2026-07-30/meta-repo... Meta’s Profit Falls 14% as A.I. Spending Continues https://www.nytimes.com/2026/07/29/technology/meta-profit-ai.html https://www.nytimes.com/2026/07/29/technology/meta-profit-ai... Meta shares fall as frustration grows over AI spending plans https://www.bbc.com/news/articles/ckgd31l5yrdo https://www.bbc.com/news/articles/ckgd31l5yrdo https://apnews.com/article/meta-earnings-q2-facebook-profit-revenue-ai-bcbc62dde6d2cac724e3b3385fcabeab https://apnews.com/article/meta-earnings-q2-facebook-profit-... https://www.latimes.com/business/story/2026-07-28/meta-plans-to-back-14-billion-data-center-in-texas https://www.latimes.com/business/story/2026-07-28/meta-plans... http://fortune.com/2026/07/29/meta-earnings-zuckerberg-hints-cloud-business-free-cash-flow-capex/ http://fortune.com/2026/07/29/meta-earnings-zuckerberg-hints...

benoau 3mo ago

> 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.

catlover76 3mo ago
[dead]
dastbe 3mo ago
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
- benoau 3mo ago
  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.

650 3mo ago

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