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Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?

Meta Platforms delivered another blockbuster quarter for revenue, but investors were reminded that the race to dominate artificial intelligence comes at a steep cost. The social media giant reported second-quarter revenue of $60.8 billion, beating Wall Street expectations, while earnings per share missed forecasts as massive AI infrastructure investments, legal charges, and restructuring costs weighed

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