$Meta Platforms(META.US) Meta shares fell heavily after the social media giant delivered a quarterly report that left investors weighing two very different stories. On one hand, the company's advertising business continued to perform well. On the other, weaker-than-expected earnings, a slightly softer outlook, and continued increases in AI-related spending left many questioning how long it will take for those investments to translate into stronger profits. Meta reported Q2 EPS earnings of $6.18, missing consensus by $1.04, while revenue climbed 27.9% YOY to $60.8 billion, beating expectations by $510 million. Ad impressions increased 14%, and the average price per ad climbed 12%. Looking ahead, the company expects third-quarter revenue of $61 billion to $64 billion, while also raising the lower end of its full-year expense outlook. The company said the increase primarily reflects the recognition of $2.4 billion in legal charges. At the same time, Meta narrowed its 2026 Capex forecast to $130 billion-$145 billion from the prior range of $125 billion-$145 billion. This soft earnings don't exactly come as a surprise - Meta has been facing legal & Capex issues all year round. However, the business is clearly still growing at a decent rate, albeit not as perfect as one would hope. Therefore, I'm a buyer for the long term, and I believe the stock is still undervalued from being mispriced. @Captain's Treasure