News linked to both this project and an event.
Meta Platforms (META.O) posted record revenue in the second fiscal quarter, but updates on its AI spending plan sparked investor concerns about the costs of building its infrastructure. Meta slightly raised the lower end of its annual capital expenditure guidance from $125 billion to $130 billion, while keeping the upper end unchanged at $145 billion. Its second-quarter revenue was $60.8 billion, up 28% year-over-year, but net profit was $15.8 billion, below analyst expectations. As a result, Meta's stock fell over 6% in after-hours trading. In an effort to catch up in the AI race, Meta has already invested tens of billions of dollars in chip procurement, data center construction, and top talent recruitment. Recently, it partnered with BlackRock to raise at least $12 billion to build a data center in Texas. Meta's free cash flow in the second quarter was $784 million. (Jin Shi)
After market close on July 29, US Eastern Time, Microsoft (MSFT) and Meta (META) will release their Q2 2026 earnings reports simultaneously. The core market suspense is consistent: When will the massive AI capital expenditures yield returns? Bybit Academy brings you a preview of this earnings season feast: (1) Microsoft: Focus on whether Azure Cloud growth can offset continuously rising AI infrastructure investment, implied volatility 6.5%; (2) Meta: Capital expenditure guidance is the biggest highlight, whether the gap between AI investment and ad monetization can narrow, implied volatility 7.3%. Volatility for both may amplify today; the earnings trading window is open. Bybit US Stock Earnings Season Event Reminder: Currently in a limited-time trading task window period (7/21–7/30), trading META stock contracts earns extra points, independent from TSLA, GOOGL, AAPL, and AMZN tasks, and can be completed separately. Meanwhile, you can bet on the next-day Top Gainer among 10 popular US stocks including META in the "Top Gainer" daily prediction; those who bet correctly will proportionally share the points pool of those who bet incorrectly. This US stock earnings season lasts until August 30, with a million prize pool waiting to be unlocked, plus a Tesla Cybertruck grand prize.
According to official sources, MGBX will batch list stock token trading pairs including NVDA/USDT, SPCX/USDT, MUB/USDT, CRCL/USDT, SNDK/USDT, TSLA/USDT, AMD/USDT, EWY/USDT, INTC/USDT, MSTR/USDT, META/USDT, LITE/USDT, MSFT/USDT, PLTR/USDT, QQQ/USDT, CBRS/USDT, COIN/USDT, DRAM/USDT, GLW/USDT, GOOGL/USDT, NBIS/USDT, QCOM/USDT, SOXL/USDT, SPY/USDT, WDC/USDT, and SKHY/USDT starting at 18:00 (SGT) on July 27, 2026. The trading will open at 18:00 (SGT) on July 27, 2026.
Paradis Labs stated on platform X that it is currently difficult to determine whether semiconductor stocks have bottomed out. Most AI infrastructure-related stocks rose on the day, with SIVE, AEHR, and IQE gaining over 20%, and SNDK, MU, and AAOI rising over 10%.Paradis Labs noted that regardless of today's returns, gaining more clarity over the coming weeks will be more important: On July 22, GOOGL will release its Q2 earnings, which will serve as the first formal indicator of annual capital expenditure for approximately $750 billion in hyperscale cloud providers; On July 22-23, AMD will hold the Advancing AI event, where wafer foundry loading, advanced packaging, and laser-type demand roadmaps through 2027 can be observed; On July 23, INTC will report Q2 earnings, with 18A yield and foundry commitments potentially being major variables, while also providing insights into U.S. domestic manufacturing and packaging momentum; On July 23, IBM will report Q2 earnings, and with its market cap already down ~25%, the market's reaction to any guidance shortfall is worth watching; On July 24, 10% global tariffs expire, and new tariffs are expected to be imposed on dozens of countries, which could act as a stagflationary factor and influence the Fed's rate hike narrative; On July 27, Kimi K3's complete weights will be released; On July 28-29, the FOMC meeting will convene, with experts and Polymarket expecting rates to remain unchanged. It is noteworthy that a rate hike or a signal of a rate hike would represent the first true institutional shift for the AI trade; On July 29-30, META, MSFT, and AMZN will report earnings, providing more capital expenditure data; On July 30, the U.S. will release June core PCE.Paradis Labs also indicated that a ceasefire between the U.S. and Iran could be reached at any time. A 10-day proposal is currently on the table, while attacks continue. A formally confirmed ceasefire would be beneficial for oil prices and bullish for semiconductor stocks. The above is a high-level timeline of the key upcoming events, all of which will impact semiconductor stocks to varying degrees. When hyperscale cloud providers report earnings, AI capital expenditure will be the most important factor.
According to TechFlow Research, Morgan Stanley released an Internet Tracking Report, noting that Google and Meta's nominal EV/EBITDA multiples appear inexpensive (GOOGL 16.1x, META 8.9x), but after adjusting for stock-based compensation accounting treatment, the true multiple rises from 16.3x to 31.1x (+91%), still lower than the five-year average of 31.6x, implying that the true valuation of internet giants is undervalued by the market by more than 30%.
Coinbase announced that spot trading for MetaDAO and Derive will go live on May 27, 2026. The META-USD and DRV-USD trading pairs will open at or after 9:00 a.m. PT—subject to meeting liquidity conditions—and will officially launch in supported regions.
Coinbase has added MetaDAO (META) and Derive (DRV) to its asset listing roadmap. Coinbase stated that the trading launch of these assets remains subject to market-making support and technical infrastructure readiness, and the specific listing timeline will be announced separately once conditions are met.
According to foreign media reports, the U.S. Pentagon has awarded Scale AI, a company backed by Meta Platforms (META.O), a contract worth $500 million to assist with data processing and decision-making support. This marks the latest move by the U.S. military to further rely on artificial intelligence. The value of this agreement is five times that of the $100 million contract the company secured in September 2025. Dan Tadross, head of Scale AI's public sector business, stated in an interview that the Pentagon had "pushed the original contract to its limits." Tadross added, "I believe this contract overall demonstrates the department's strong desire to adopt this technology." Furthermore, the San Francisco-based company is also involved in the Defense Innovation Unit (DIU)'s "Thunderforge" program, which aims to integrate AI into military planning and operations, as well as Trump's "Golden Dome" homeland defense architecture.
According to official social media announcements, the Chinese decentralized contract trading platform Sun Wukong has now launched META/USDT and AAPL/USDT, both with a maximum leverage of 20x.
According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for AAPL/USDT, META/USDT, and PIVERSE/USDT on April 20, with a maximum leverage of 20x. Additionally, HTX is hosting an “AAPL, META, PIVERSE Contract Trading Party” from 17:00 on April 20 to 17:00 on April 27 (UTC+8), with a total prize pool of $20,000. During the event, users who register and trade AAPL/USDT, META/USDT, or PIVERSE/USDT perpetual contracts—accumulating a total effective trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. New contract traders completing trades in AAPL/USDT, META/USDT, or PIVERSE/USDT perpetual contracts will also receive exclusive benefits.