Mark Zuckerberg's Meta Just Suffered an 11-Day Losing Streak That Erased $17.8 Billion From His Net Worth. Is the AI Bet Still Worth It?
Investors are increasingly concerned about Meta's AI spending and its impact on the company's cash flow.
Overview
After a mixed Q2 2026 earnings report, Meta Platforms (NASDAQ: META) declined 10% on July 30, its worst day of the year. That capped off an 11-day losing streak after what had been a strong start to the month.
Since co-founder and CEO Mark Zuckerberg owns about 13% of Meta, his net worth moves with the company's stock. This recent downturn took almost $18 billion off his net worth.
Details
Meta and Zuckerberg are betting big on artificial intelligence (AI). Let's see why investors are worried and if this bet is likely to pay off.
Source
Originally published at www.fool.com.
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