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Meta earnings on July 29 put AI spending and ad growth in focus
Analysts are focusing on potential shifts in ad revenue growth and Meta's capital expenditure guidance ahead of its Q2 2026 earnings.
Meta is scheduled to report its Q2 2026 earnings on July 29, according to MarketBeat Ratings, putting expectations around both advertising momentum and AI related investment back in the spotlight.
Ahead of the release, analysts are looking for signals on whether ad revenue growth is slowing, as well as any changes to guidance on capital expenditures.
Attention is also on how management may discuss its broader AI efforts, including its cloud push and its Muse Spark 1.1 AI model, as investors weigh the near term expense outlook against potential product and revenue impact.