$META.US 🤖 shows the sharpest decline among the major names, falling 4.78% to $715.72. However, its underlying advertising business remains strong: Q2 Family of Apps advertising revenue increased 27% to $59.4 billion, while AI improvements lifted Facebook ad clicks 8.3% and conversions 15.7%.
Meta also gained 37% over the 3 months through September 25, creating an important contrast between strong medium-term momentum and today’s decline.