Meta shares fall after Q3 2026 results on AI spending and profit squeeze
FROM THE WIRE · FINANCE.YAHOO.COM
Meta Platforms just reported Q3 2026 numbers that kept the growth story intact, yet traders hit the sell button. The stock closed at US$697.52 before the release and has dropped about 7% to roughly US$648.85, even as revenue reached US$64.6b and net income excluding special…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA major tech stock fell after results, due to AI spending and a legal charge.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Shares fell about 7% to roughly $648.85.
- 02Revenue reached $64.6 billion, up 26%.
- 03Net income excluding special items was $9.9 billion, alongside a $9.9 billion legal charge.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets