Madison and Wall

Meta Platforms reported a 91% drop in second-quarter free cash flow to $784 million, down from $8.55 billion a year earlier, sending shares down 10% in extended trading as CEO Mark Zuckerberg's AI spe…

Meta Platforms raised its 2026 capital expenditure floor to $130 billion from $125 billion, with a new range of $130 billion to $145 billion, as it intensifies AI data center investments. The company …