Meta Platforms News - July 2026
Meta reveals $279 billion in AI lease obligations, signaling massive spending strain
Meta Platforms disclosed $279 billion in future lease agreements for AI data centers in a recent regulatory filing. These off-balance-sheet commitments as of...
🔴 Meta is trading 9.3% down today after Q2 earnings miss and massive AI capex hike
Meta is trading 9.3% down at $531.04 after missing Q2 profit expectations and significantly raising its AI-related capital expenditure forecast. • The company...
Meta's Massive AI Bet Crushed Earnings and Free Cash Flow — Can Investors Afford to Wait for the Payoff?
Shares of Meta Platforms plunged 8.5% in pre-market trading to $536.00 after second-quarter results revealed a company spending at a pace that stunned even...
🔴 Meta is trading 8.5% down today after heavy AI capex and earnings miss
Meta is trading 8.5% down at $536.00 after second-quarter results showed sharply higher AI-related capital spending and weaker-than-expected earnings. • Meta...
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 Platforms Inc. Q2 2026 Earnings Preview: What Analysts Expect on July 29, 2026
Meta Platforms is expected to report Q2 2026 revenue of $60.26 billion and earnings of $7.23 per share, with its current stock price of $595.19 trading...
Modi pivots to Instagram Reels, addressing youth protests over exam leaks
Prime Minister Narendra Modi shifted his social media strategy to Meta Platforms' Instagram Reels. He adopted an informal, self-recorded style to address Gen Z...
Meta and Nvidia lead tech coalition for open AI, citing national security
Meta, Nvidia, Microsoft, IBM, and Palantir joined a coalition of over 20 technology companies to sign an open letter. The group advocates for open-weight AI...
Meta exits RE100 green pledge, funding gas plants for AI expansion
Meta Platforms ended its 10-year membership in RE100, a global initiative for 100% renewable electricity. This mutual departure marks a shift as the company...
Meta pursues $10B Anthropic deal, pivoting to AI cloud services
Meta Platforms is in preliminary talks to lease AI compute capacity to Anthropic for up to $10 billion over two years. The potential deal marks a strategic...
Meta eyes $10B Anthropic deal, monetizing its massive AI infrastructure
Meta Platforms is negotiating a deal to lease data center computing power to AI startup Anthropic. The New York Times reports the potential agreement is...
🔴 Meta is trading 3.8% down today on massive 2026 AI capex projections and legal headwinds
Meta is trading 3.8% down at $639.50 as investors continue to digest the company's massive planned $125–$145 billion AI capital expenditure for 2026. • The...
Meta Hires AWS Veteran, Targeting Cloud Market with $145B AI Spend
Meta Platforms hired Dave Brown, a 20-year Amazon Web Services (AWS) veteran, to lead its data center expansion. Brown will report to Meta’s head of...
Meta Oversight Board finds AI models double censorship for repressive regimes
Meta’s Oversight Board reports that leading AI models are twice as likely to refuse content critical of restrictive governments. The study tested 10 models...
Meta scales Louisiana AI campus to $50 billion, targeting 5GW capacity
Meta Platforms is expanding its Hyperion data center campus in Richland Parish, Louisiana. Total investment for the project is now projected to exceed $50...
Meta Launches Muse Spark Model and Iris Chip, Facing EU Regulatory Fines
Meta Platforms launched Muse Spark 1.1, a new AI model priced to compete with OpenAI. The company's self-developed Iris AI chip enters mass production in...
EU Alleges Meta's Facebook and Instagram Breach DSA with 'Addictive Design'
The European Commission has formally accused Meta of breaching the Digital Services Act (DSA), citing that the "addictive design" of Facebook and Instagram...
🟢 Meta is trading 6.9% up today as Iris AI chip production set for September
Meta is trading 6.9% higher at $675.08 following reports that its custom Iris AI chip will enter production in September. • The initiative is part of a...
🟢 Meta Platforms is trading 3.8% up today as Reuters reports its in-house AI chip will enter production in September
Meta Platforms is trading at $655.24 (+3.76%) in pre-market after Reuters reported that its in-house Iris AI chip is set to enter production in September. •...
Meta to Begin Production of In-House 'Iris' AI Chip in September
Meta Platforms plans to begin manufacturing its own artificial intelligence chip, codenamed "Iris," in September, according to an internal memo. This move is a...
Meta Faces India Ultimatum Over Instagram Abuse, Following BBC Report
India's Ministry of Electronics and Information Technology (MeitY) ordered Meta Platforms Inc. to remove all Child Sexual Exploitative and Abuse Material...
Meta to release Muse Spark AI, rivaling OpenAI's GPT-5.5 benchmarks
Meta is preparing to release a new version of its Muse Spark artificial intelligence model. Chief AI Officer Alexandr Wang announced the update will be...
Meta Taps Samsung for $6.5B AI Chip Deal, Shifting From TSMC
Meta Platforms is negotiating a contract worth approximately $6.5 billion with Samsung Foundry. According to South Korea’s Sedaily, the deal involves producing...
🟢 META Surges 6.5% on Plans to Monetize Excess AI Compute Capacity
META is trading 6.5% up at $599.63 today, after reports surfaced that the company is building a cloud business to monetize its excess artificial intelligence...