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POV: Fireside chat w/@MorphNetwork at M2020 🇹🇭
now that T+0 settlement is on the table, what are you building that couldn't have been done before?
Meta’s AI spending is reshaping its earnings.
$META ’s Q2 revenue rose 28%, but costs jumped 55% as AI capex hit $31.1 B.
Operating margin fell to 31%, net income dropped 14% and free cash flow sank to $784 M.
2026 capex: $130–145B.
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