Meta: 2Q26 Business Update
Meta's 2Q26 revenue rose 27%, but capex, depreciation and nascent cloud and AI ambitions raise margin and return risks as it maximizes 2026–27 compute capacity.
Friday, July 31, 2026
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David Orr
Deep Sail Capital
Devin LaSarre
DOMO Capital Management, LLC
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Evan Tindell
Fajasy
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Fierce_beast
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Lee Roach
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Undiscovered Compounders
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Investor letters we follow
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