Mark Zuckerberg Wrote That AI May Soon Deliver “Personal Superintelligence to Everyone” Just Before Meta’s Free Cash Flow Cratered 91%. Do Investors Buy the Vision?
Meta Platforms (META -0.39%) CEO Mark Zuckerberg made some bold claims on the company’s second-quarter earnings conference call, but they weren’t enough to appease investors after the company reported lackluster earnings results. The company’s earnings came up short of Wall Street consensus estimates, and its revenue guidance for the current quarter also fell short of consensus….