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Stocks· July 30, 2026 at 07:13 AM
Meta net income falls 14% to $15.8bn as costs rise in Q2 2026
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
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AI summary
Total costs and expenses rose 55%, driven by $2.4bn in legal charges and $1.18bn in severance expenses.
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