Meta guided third quarter revenue to $61 billion to $64 billion, below the $63.2 billion analysts had modeled. Weighing Meta Against Microsoft and AmazonMicrosoft (NASDAQ:MSFT) reported the same night and had an easier time of it. Hedge funds seem to have favored Meta over Microsoft in Q1 2026. Zuckerberg insisting on investing billions of dollars into metaverse and Meta’s stock declined from roughly $360 to under $90 between September 2021 and November 2022. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.