Meta's capex guidance isn't cutting it for investors. Stock drops.

Meta Platforms stock dropped after the company issued vague guidance on full-year AI capital expenditures in its second-quarter earnings report, Yahoo Finance Tech Editor Dan Howley reported. Investors reacted negatively to the lack of clarity on Meta's AI spending plans.

Meta Platforms stock META https://finance.yahoo.com/quote/META/ continues to drop since coming out with second quarter earnings on Wednesday. Yahoo Finance Tech Editor Dan Howley breaks down how investors are reacting to the Facebook parent company's vague guidance on full-year AI capex.