Meta Shares Fall as Frustration Grows Over AI Spending Plans0

• Gear / Gear News and Events, General, News, Newsletters, Security / Security News
• July 30, 2026

Meta shares plunged on Wednesday as investors balked at its promise to continue spending on artificial intelligence (AI) projects as profits decline. Shares in the company behind Instagram and Facebook fell 11% after its results for the April-June quarter showed revenue grew 28% from a year earlier to $61bn (£45.6bn), while profits fell 14% to