Meta’s Almost $10 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs

Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations on per-share earnings Wednesday even as its quarterly revenue was up 28%. The company’s revenue for the quarter hit $64.6 billion, up 26%, while its net […]