{"id":2781,"date":"2026-07-29T14:05:44","date_gmt":"2026-07-29T14:05:44","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=2781"},"modified":"2026-07-29T14:05:44","modified_gmt":"2026-07-29T14:05:44","slug":"meta-q2-earnings-ai-spending-in-focus-for-wall-street-with-the-stock-down-10-in-2026","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=2781","title":{"rendered":"Meta Q2 earnings: AI spending in focus for Wall Street, with the stock down 10% in 2026"},"content":{"rendered":"<section>\n<div>\n<div>\n<svg>\n<\/svg> <span><br \/>\n                              Read in app<br \/>\n                            <\/span>\n<\/div>\n<div>\n<p>A major test of the market&#8217;s AI trade is here in the form of Big Tech earnings, and Meta is due up next.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2779\">Legora\u2019s buying spree has reached the courtroom<\/a><\/p>\n<p>Along with Microsoft, the social media giant will deliver second-quarter earnings after the closing bell on Wednesday. Meta is one of the &#8220;hyperscalers&#8221; spending huge sums on its AI projects, from data centers to its own large language models, and investors are getting impatient to see what those efforts have yielded.<\/p>\n<\/div>\n<div>\n<p>All eyes will be on Meta&#8217;s capex number, the all important figure that&#8217;s come to dominate investors&#8217; reactions to earnings lately. Alphabet and Tesla set the tone last week with their heightened spending outlooks, causing both stocks to tumble after results.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2777\">Thank you, Xi: Cheap Chinese AI may be the best thing to happen to American tech companies.<\/a><\/p>\n<p>Meta will report after the 4 p.m. ET closing bell, and the call with analysts will kick off around 4:30 p.m. The stock is down 10% year to date.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2775\">Xbox\u2019s new bet on advertising could shake up gaming \u2014 if players don\u2019t revolt<\/a><\/p>\n<\/div>\n<p><button><br \/>\n                             See <span>more <svg>\n<\/svg><\/span><span>less <svg>\n<\/svg><\/span><br \/>\n<\/button>\n<\/div>\n<div>\n<section>\n<div>\n<section>\n<div>\n<div>\n<div>\n<time><br \/>\n                                              2026-07-29T13:29:23.000Z<br \/>\n                                            <\/time>\n<\/div>\n<p><span><\/p>\n<p>                                                  Max Adams<\/p>\n<p><\/span>\n<\/div>\n<\/div>\n<div>\n<div>\n<svg>\n<\/svg> <span>Copied!<\/span>\n<\/div>\n<p><button><br \/>\n<svg>\n<\/svg> <\/button>\n<\/div>\n<\/section>\n<h2>Wall Street expects Q2 revenue of $60.23 billion, EPS of $7.14<\/h2>\n<div>\n<div>\n<p><strong>Second quarter<\/strong><\/p>\n<ul>\n<li>Revenue estimate $60.23 billion (Bloomberg Consensus)<\/li>\n<li>Advertising rev. estimate $59.07 billion<\/li>\n<li>Family of Apps revenue estimate $59.77 billion<\/li>\n<li>Reality Labs revenue estimate $428.7 million<\/li>\n<li>Other revenue estimate $863.3 million<\/li>\n<li>Operating income estimate $21.5 billion<\/li>\n<li>Family of Apps operating income estimate $26.11 billion<\/li>\n<li>Reality Labs operating loss estimate $4.45 billion<\/li>\n<li>Operating margin estimate 35.6%<\/li>\n<li>EPS estimate $7.14<\/li>\n<li>Ad impressions estimate +14.6%<\/li>\n<li>Average price per ad estimate +11.7%<\/li>\n<li>Average Family service users per day estimate 3.61 billion<\/li>\n<\/ul>\n<p><strong>Third quarter<\/strong><\/p>\n<\/div>\n<div>\n<p><strong>Second quarter<\/strong><\/p>\n<ul>\n<li>Revenue estimate $60.23 billion (Bloomberg Consensus)<\/li>\n<li>Advertising rev. estimate $59.07 billion<\/li>\n<li>Family of Apps revenue estimate $59.77 billion<\/li>\n<li>Reality Labs revenue estimate $428.7 million<\/li>\n<li>Other revenue estimate $863.3 million<\/li>\n<li>Operating income estimate $21.5 billion<\/li>\n<li>Family of Apps operating income estimate $26.11 billion<\/li>\n<li>Reality Labs operating loss estimate $4.45 billion<\/li>\n<li>Operating margin estimate 35.6%<\/li>\n<li>EPS estimate $7.14<\/li>\n<li>Ad impressions estimate +14.6%<\/li>\n<li>Average price per ad estimate +11.7%<\/li>\n<li>Average Family service users per day estimate 3.61 billion<\/li>\n<\/ul>\n<p><strong>Third quarter<\/strong><\/p>\n<ul>\n<li>Revenue estimate $63.17 billion<\/li>\n<li>Capital expenditure estimate $38.88 billion\n<p><strong>Year<\/strong><\/li>\n<\/ul>\n<ul>\n<li>Capital expenditure estimate $135.79 billion<\/li>\n<li>Total expenses estimate $163.02 billion<\/li>\n<\/ul>\n<p><em>Source: Bloomberg<\/em><\/p>\n<\/div>\n<\/div>\n<p><button><br \/>\n                                      See <span>more <svg>\n<\/svg><\/span><span>less <svg>\n<\/svg><\/span><br \/>\n<\/button>\n<\/div>\n<\/section><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Meta approaches its Q2 earnings report with the stock down 10% in 2026. Analysts expect talk of the company&#8217;s AI spending on its 4:30 investor call.<\/p>\n","protected":false},"author":1,"featured_media":2780,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Meta Q2 earnings: AI spending in focus for Wall Street, with the stock down 10% in 2026 - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=2781\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meta Q2 earnings: AI spending in focus for Wall Street, with the stock down 10% in 2026 - American home journals\" \/>\n<meta property=\"og:description\" content=\"Meta approaches its Q2 earnings report with the stock down 10% in 2026. 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