Meta shares drop as Q2 profit declines due to legal expenses and severance costs

July 29, 2026
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Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results | 100.1 FM and AM 1020 KDKA

Patrick O'Connor

I've been helping tell people's stories for nearly two decades on television and online in local news across America. I hope you enjoy some of the stories I get to work on with Marty Griffin and the rest of our talented team as we help make a difference in our community.