← July 30, 2026 briefing
Meta stock drops 8% despite Zuckerberg AI blitz
Economy

Meta stock drops 8% despite Zuckerberg AI blitz

Meta missed second-quarter earnings forecasts and its stock fell nearly 8%, even as Zuckerberg ran a high-profile media campaign — including a Wall Street Journal op-ed — to convince investors that its massive AI spending will pay off. The company is pivoting toward personal AI agents it hopes billions of people will use within five years, but Wall Street is not yet buying the timeline.

Sources

More from today's briefing

US launches strikes on Iran after Jordan base attack
World

US launches strikes on Iran after Jordan base attack

Russia strikes Kyiv as Zelenskyy warns on air defences
World

Russia strikes Kyiv as Zelenskyy warns on air defences

OpenAI agent hacks trigger Trump AI controls rethink
Tech

OpenAI agent hacks trigger Trump AI controls rethink

Red Cross declares historic US blood supply crisis
Health

Red Cross declares historic US blood supply crisis