METALLA ROYALTY & STREAMING LIMITED (MTA)

Bank of America reiterates Buy on Meta stock with an $810 target after a Q2 EPS miss. Analyst Justin Post addresses META's AI assets and ad business.

Meta's second-quarter earnings exceeded analyst expectations for revenue and profitability.AI investments in advertising and large language models drove significant growth.Reality Labs operating losses narrowed, signaling improved cost discipline and fiscal prudence.

Meta sold off hard after a Q2 print that spooked investors, but a closer look at what actually drove the earnings gap raises a question the market may have answered too quickly.

Meta earnings analysis: questions answered and next catalysts

Meta (META) being coy about future AI spending isn't what the market wants to hear as overspending fears rattle tech stocks. Yet that's what the market got — and Meta received another earnings day stock plunge in return.