Meta raised its annual fee guidelines to US$165 billion to US$169 billion, and its capital expenditure guidelines to US$130 billion to US$145 billion. The lower limit of both guidelines rose; the second quarter included US$1.18 billion in severance payments due to layoffs in May; the performance outlook included US$2.4 billion in legal-related expenses; and the average daily active users in June was 3.6 billion.

Meta raised its annual fee guidelines to US$165 billion to US$169 billion, and its capital expenditure guidelines to US$130 billion to US$145 billion. The lower limit of both guidelines rose; the second quarter included US$1.18 billion in severance payments due to layoffs in May; the performance outlook included US$2.4 billion in legal-related expenses; and the average daily active users in June was 3.6 billion.