Meta Discloses $700 Billion in AI Infrastructure Spending Commitments
Meta disclosed it has committed nearly $700 billion in future spending on artificial intelligence data centers, cloud computing and related infrastructure through short- and long-term agreements. Approximately $279 billion of that figure consists of lease obligations that are not yet reflected on its balance sheet.
The disclosure followed second-quarter results showing expenses growing faster than revenue. Total expenses rose 55% to $42 billion, while revenue increased 28% to $60.8 billion. Share prices fell between 9% and 10% on the news as market participants weighed the massive capital expenditure cycle against quarterly results.
From the sources (25 posts)
@firstsquawkMeta Stock Down 7.4% on Tradegate as Free Cash Flow Declines 91%
@alojohMeta is down 7% on Q2 2026 earnings missing analyst estimates. We predicted in April 2026 that analysts estimates were too optimistic. This is our Meta @meta deep dive for serious investors 👇
@cnbcMeta tanks nearly 9%, Microsoft jumps 8% as the AI trade splits Big Tech
@deitaone$META - EVERCORE REMOVES META FROM TOP PICK LIST Evercore ISI removed Meta from its TAP Outperform List but maintained an Outperform rating, cutting its price target to $820 from $930. The firm cited rising AI spending, limited visibilit
@cnbcMicrosoft shares jumped in premarket trading while Meta tanked as investors gave differing verdicts on the two tech giants’ earnings. Shares of Microsoft were last 9% higher while Meta was down 9%. Read more: https
@stockmktnewzMicrosoft $MSFT is up by more than 9% in pre market trading 🟢 Meta Platforms $META stock is down by more than 8% in pre market trading
@cointelegraph🚨 LATEST: Meta gives a lackluster Q3 revenue forecast below Wall Street's estimate, deepening investor concerns over CEO Mark Zuckerberg's massive AI spending. Its shares are down 4%.
@firstadopterThe FASTEST growth at this scale is incredible. Incredible. Demand for AI compute is off the charts. AND Microsoft predicts Azure growth will accelerate further to +45% y/y next quarter! Bloomberg: "Microsoft Corp.’s cloud unit grew at the
@kalshiJUST IN: Meta stock is down -10%, while Microsoft stock is up +10%
@deitaone$MSFT - *MICROSOFT SHARES JUMP 12% IN BIGGEST ONE-DAY GAIN SINCE 2020
@kobeissiletterBREAKING: Microsoft stock, $MSFT, surges +15% and is now on track for its biggest daily gain since 2020. From one of the most hated to one of the most loved names literally overnight.
@zerohedge*MICROSOFT SHARES JUMP 12% IN BIGGEST ONE-DAY GAIN SINCE 2020
@wallstengineMICROSOFT $MSFT SHARES JUMP 14% IN BIGGEST ONE-DAY GAIN SINCE 2020
@kalshiJUST IN: Microsoft stock surges +15% at open
@stockmktnewzMicrosoft $MSFT stock is on pace for its best day in more than 5 years
@polymarketmoneyJUST IN: Microsoft is up nearly 15% today and on track for its biggest one-day gain since 2020.
@brewmarketsMicrosoft is up 15% today. Wow.
@hedgeyeBREAKING: Microsoft, $MSFT, surges +15.6%, on pace to record its largest single-day percentage gain since March 2020.
@bulltheoryioBREAKING: $MSFT surged 15% at the open, adding $430 billion in market cap, posting better than expected earnings. One of the biggest single session gains for a mega-cap stock this year.
@deitaone$MSFT - MICROSOFT SHARES JUMP 15%, ON TRACK FOR BIGGEST PERCENTAGE GAIN SINCE 2008
@firstsquawkMICROSOFT SHARES JUMP 15%, ON TRACK FOR BIGGEST PERCENTAGE GAIN SINCE 2008
@polymarketBREAKING: Microsoft stock soars +15%.
@businessMicrosoft shares soared after the company reported the fastest cloud growth in four years, suggesting its AI and computing services are making inroads with customers
@morningbrewRT @brewmarkets: Microsoft is up 15% today. Wow.
@gurgavinMICROSOFT SHARES ARE NOW UP OVER 15% TODAY MICROSOFT IS ON TRACK FOR IT’S BEST DAY SINCE 2008 $MSFT