๐ Meta $META tumbles 11% AH โ $145B AI capex crushes margins as Q2 EPS misses big
Meta's after-hours session turned ugly fast: Q2 EPS came in at $6.18 vs. the $7.14 consensus โ a ~13% miss โ even as revenue beat at $60.8B (+28% YoY). The real gut-punch was free cash flow margin collapsing from 22% to just 1.3% as Zuckerberg ramps AI infrastructure spend to $130โ$145B for the full year. Shares are already down ~11% after hours and sit roughly 25% below their 52-week high of $796. Is Meta's AI bet a long-term winner, or is the market right to punish the cash burn? Not financial advice.
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