International Companies

Meta shares tumble as free cash flow nosedives

By Josh White

Date: Thursday 30 Jul 2026

(Sharecast News) - Meta Platforms shares tumbled in premarket trading on Thursday after the Facebook and Instagram owner reported a sharp fall in second-quarter free cash flow and issued weaker-than-expected revenue guidance as spending on artificial intelligence infrastructure surged.
Revenue rose 28% year-on-year to $60.8bn, ahead of expectations, but net income...

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