Meta stock drops 10% as free cash flow gets crushed-and Zuckerberg hints at cloud business

Technology

Meta Stock Drops 10% As Free Cash Flow Gets Crushed-And Zuckerberg Hints At Cloud Business

By Fortune

Meta’s revenue in Q2 was up 28% from a year earlier, beating expectations, but operating income for Family of Apps, the segment containing Facebook, Instagram, WhatsApp and Messenger, fell to $23.4 billion from $25.0 billion. So its core business gre ...Read more

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