Meta Stock Slips on Soft Outlook, Declining Free Cash Flow
Meta Platforms shares came under pressure after the company released its second-quarter 2026 financial results, as investors focused on a softer-than-expected outlook and a sharp decline in free cash flow despite strong revenue growth. The social media giant reported quarterly revenue of $60.8 billion, representing a 28% year-over-year increase, driven by continued strength in digital … Read more