In its Q2 2026 investor letter, the investment management company highlighted that Meta Platforms delivered exceptional first-half results, with Q1 revenue growing 33% year-over-year to $56.3 billion and Q2 revenue increasing 28% to $60.8 billion. The firm noted that Meta's AI investments are yielding measurable results in engagement and advertising, with Instagram time spent growing double-digits and Facebook video time up 9%. This strong business performance contrasts with Meta's stock, which closed at $556.71 on July 31, 2026, having fallen 7.26% over the past month and 28.29% over the past 52 weeks.