Nicolas Economou/NurPhoto via Getty Images
Live
Updated 34 mins ago
Meta Q2 earnings recap: Stock tumbles nearly 10% after profits miss Wall Street estimates
SaveSaved
Meta's stock slumped in after-hours trading on Wednesday, shortly after the tech giant reported earnings per share below Wall Street estimates, while revenue slightly beat expectations.
Shares tumbled further, trading down 9.5% as Meta's analyst call discussing the results concluded.
Meta is one of the "hyperscalers" spending huge sums on its AI projects, from data centers to its own large language models, and investors are impatient to see what those efforts have yielded.
The answer, according to Meta, is that the billions invested are making its popular apps — Instagram, WhatsApp, Facebook, and Threads — more engaging and boosting its advertising engine.
The company's advertising revenue — its cash cow — rose 27% to $59.36 billion, beating analysts' $59.07 billion estimate. Ad impressions grew 14%, while the average price per ad climbed 12%.
"AI is accelerating our core business today, powering our next generation of products, and opening the door to entirely new enterprise opportunities," Meta CEO Mark Zuckerberg said in an earnings release. "The results are already showing, and I'm optimistic about the potential ahead."
AI giants' capex spending has come to dominate investors' reactions to earnings lately. Alphabet and Tesla set the tone last week with their heightened spending outlooks, causing both stocks to tumble after results.
Meta CFO Susan Li said Meta expects capex to be between $130-145 billion for the year, narrowed slightly from its prior outlook. Wall Street expected about $135.79 billion.
On the analyst call, Zuckerberg talked about his strategy for buying up more AI compute while also renting some capacity out to other businesses, his progress report on Meta's Superintelligence Lab, the open vs. closed-source AI debate, and more.
Follow along for the full play-by-play of Meta's analyst call:
See more less
1 hour ago
Copied!
That's a wrap! Meta concludes its analyst call as the stock is trading down 9.5% after hours.
Thanks for joining us. See you next quarter!
1 hour ago
Copied!
Zuckerberg flexes his early Facebook code: "It actually just worked."
Think back to the 2000s, when Facebook was in its infancy. What made it a hit?
"A lot of the reason Facebook worked was because it actually just worked," he says. "Other social networks did not work."
Think back to the 2000s, when Facebook was in its infancy. What made it a hit?
"A lot of the reason Facebook worked was because it actually just worked," he says. "Other social networks did not work."
Zuckerberg makes the case for why Meta needs to build its own large language models, rather than relying on open-source alternatives. "We go all the way down the stack," he says.
See more less
1 hour ago
Copied!
Zuckerberg weighs in on the open-source debate.
Open source AI is an "important part of the ecosystem" and "good for the world," Meta's CEO says. Meta has "always" said that it would mix open and closed models, Zuckerberg adds. "That continues to be true," he says.
Zuckerberg says he wanted to ensure Meta Superintelligence Labs was "uninhibited" in its development process. "We expect that we will get back to releasing some open source models at some point soon," he says.
1 hour ago
Pranav Dixit Meta correspondent
Copied!
Zuckerberg wants a "low drama" AI lab.
Zuckerberg says he is "quite happy" with Meta Superintelligence Labs' trajectory. The lab, headed by Scale cofounder Alexandr Wang, released its first model, Muse Spark, in April, followed this month by the image-generation model Muse Image and Muse Spark 1.1, which is designed for coding, computer use, and other agentic tasks.
Meta is now scaling up to larger, more advanced models. Zuckerberg says its vast user data could provide a durable advantage along with a research culture that compounds "consistently with low drama" over time.
1 hour ago
Copied!
Why is Meta buying and selling compute?
There's "nowhere near enough compute for all the demand," Zuckerberg says. It would be "foolish" to sell all the compute and take a short-term profit, he says. "It's always a portfolio."
Meta wants to use its capital to build enough long-term compute, knowing it can monetize it both directly and through its AI, he says.
1 hour ago
Charles Rollet Meta reporter
Copied!
Personal AI agents will be a "massive market," Zuckerberg says.
Zuckerberg says Meta is making a big bet on launching AI agents for everyone, calling it an "extremely important and massive market."
The CEO predicted that in a few years, billions of people will have a personal AI agent that understands their personal and career goals and works for them 24/7.
1 hour ago
Copied!
Zuckerberg explains why AI coding tools took off first.
Let's face it: there's a whole population that only uses AI for search. Bernstein analyst Mark Shmulik asked about this.
"Some things have already broken through," Zuckerberg responds. Coding is first, he says, because it's an "inherently digital and closed-loop activity," he says. Personal AI agents are a "massive market opportunity," Zuckerberg says, and "building for consumers is a little bit different than building for developers."
1 hour ago
Steven Tweedie Editor
Copied!
Meta's stock decline extends to -10% after hours.
The slump has doubled since the earnings results crossed.
1 hour ago
Copied!
Meta builds the enterprise tools it needs, Zuckerberg says.
Meta is developing internal productivity and coding tools, Zuckerberg says, "partially because we need to build them ourselves." There's a "large opportunity," he says.
1 hour ago
Copied!
The live Q&A has begun. Shares are down 8% after hours. The first question is on compute.
Zuckerberg says that a "substantial amount of the compute" goes to training Meta's models. The rest goes to other opportunities, he says, from "optimizing and improving" the core business, developer tools, and business agents. Meta can also "sell compute directly" and has "quite a number of offers," he adds.
Selling compute is a "big opportunity," and there is a "significantly higher margin on selling intelligence," Zuckerberg says.
2 hours ago
Copied!
Meta's CFO points to Meta's legal challenges, which are a "material" risk to the business
CFO Li warns of "scrutiny on youth-related issues" and coming " youth-related trials." Meta has also referenced these trials in prior earnings calls. The company disclosed this quarter that it had $2.40 billion of charges "related to legal proceedings."
2 hours ago
Charles Rollet Meta reporter
Copied!
Li says the compute crunch will continue as Meta seeks to 'maximize capacity'
CFO Susan Li said the industry is still "tight" on compute as AI usage soars. She said Meta is geared toward "maximizing 2026 and 2027 capacity" for its AI technology, and that Meta has "high confidence" in its ability to build new foundational models.
2 hours ago
Copied!
Meta is pushing its AI to developers
Li says that Meta's API is available at a "competitive price," and that the company is "encouraged by initial results." She points to Muse Spark's availability on OpenRouter, an AI routing platform.
2 hours ago
Copied!
Meta CFO shouts out AI-powered advertising
Meta is using large language models to "predict the best ad for each person," CFO Susan Li says. Ad-matching is more intelligent and precise, she says, leading to noticeable improvement. She cites some stats: an 8.3% increase in ad clicks, and an 15.7% uplift in conversions on Facebook.
Advertisers have had their critiques of Meta's AI ads push.
2 hours ago
Steven Tweedie Editor
Copied!
Wall Street doesn't like what it's hearing — Meta stock is now down 7% after hours.
The extended stock slump comes as CFO Susan Li nears the end of her prepared remarks. The live Q&A with Wall Street analysts is next up.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
Meta's AI bill now includes third-party AI tokens, too
Meta's costs jumped 55% from a year ago, and CFO Susan Li says fees for using third-party AI models contributed to the increase. Those fees are based on tokens — the units AI systems use to process information — and they can add up fast.
Meta is hardly alone. Companies across tech are reining in "tokenmaxxing" after finding that bigger AI bills don't always produce more useful work.
2 hours ago
Copied!
Your Instagram feed, powered by AI
AI agents evaluate "content quality," find trends, and test feed rerankings, CFO Suan Li says. Every single public Reels and Feed post on Instagram is automatically processed through an LLM, she adds.
2 hours ago
Copied!
AI glasses sales rise, Quest headsets fall
CFO Susan Li says that Reality Labs revenue was up 16% year-over-year. That's driven by Meta's buzzy AI glasses, which have seen "strong growth," Li says. Its Quest virtual reality headset sales were lower, she says.
2 hours ago
Steven Tweedie Editor
Copied!
Zuckerberg concludes his prepared remarks. CFO Susan Li begins her overview of Q2.
The Meta CFO is diving into more detail on the quarterly results.
2 hours ago
Charles Rollet Meta reporter
Copied!
Zuckerberg references his op-ed, touts a "positive AI future"
Zuckerberg is positioning Meta as bringing "superintelligent" AI to the masses — and arguing that's a good thing, in contrast to some other executives who have warned about the technology's dangers.
"Before I wrap, I want to mention that I just published an op-ed about why I'm so optimistic that we are building a positive future for everyone," Zuckerberg says. "At Meta, we have always built technology to put power in people's hands, so that they can connect with the people they care about and shape the world in the ways that they want."
2 hours ago
Copied!
Compute remains king
Meta is investing "aggressively" in infrastructure, Zuckerberg says. He points to Meta's new venture with BlackRock, a 1 gigawatt data center in El Paso, Texas. Meta is receiving offers for its compute for a "significant premium over what we paid for it," he says.
2 hours ago
Charles Rollet Meta reporter
Copied!
Meta's superintelligence team is on a "strong trajectory," Zuckerberg says, citing a massive increase in interactions
Meta's big AI reorganization from last year is going well, Zuckerberg says, citing the latest models, Muse Spark 1.1 and Muse Image. Both models were launched last month and are driving a daily 60% increase in interactions with Meta's AI chatbot.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
Zuckerberg wants AI agents managing your health, relationships, and money
Meta is building personal AI agents that Zuckerberg said will work "24/7 on your behalf" to help with everything from health and relationships to finance and building businesses.
2 hours ago
Copied!
AI is helping Meta build products faster, Zuckerberg says
"AI is helping our teams speed up product development," Zuckerberg says. He gave the examples of Instagram Instants and Seller, the Facebook Marketplace app. It will be "a lot easier to ship new apps," he says.
2 hours ago
Copied!
Zuckerberg hypes up AI content on social media
Meta's new Muse Image and Muse Video will "dramatically expand the universe of content" on Meta's platforms, Zuckerberg says. He says that there is a "new and nearly infinite universe of personalized content."
2 hours ago
Copied!
CEO Mark Zuckerberg shouts out some business milestones
Threads is the "fastest growing conversation app ever," crossing 500 million monthly active users. He also shouts out Instagram, which reached 2 billion daily active users, and WhatsApp, which hit a messaging record.
2 hours ago
Copied!
Meta's analyst call begins with a hot-mic moment as things are being set up.
The behind the scenes of the operator's earnings call setup can be heard.
Mark Zuckerberg and other Meta execs, including CFO Susan Li, are on the call. They'll start by reading through prepared remarks and then will take questions live from Wall Street analysts.
2 hours ago
Steven Tweedie Editor
Copied!
Meta's stock slumps further after hours ahead of analyst call.
Meta's call kicks off in a minute. The stock is down more than 6% after hours.
2 hours ago
Charles Rollet Meta reporter
Copied!
Meta's user base hits a new all-time high
The number of people active across Meta's platforms — mainly Facebook, Instagram, and WhatsApp — hit a new all-time high of 3.6 billion in the second quarter. Last quarter, investors worried after Meta disclosed that its user base was starting to decline for the first time. Meta, however, said this was mostly due to government internet blackouts in Iran.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
AI is boosting Meta's ads, but the bill is growing faster
Meta's advertising revenue jumped 27%, but its costs rose 55% as it poured money into AI infrastructure. Free cash flow plunged 91% from a year ago to just $784 million, while capital spending surged 83% to $31.08 billion.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
Meta's legal bills and layoffs took a $3.6 billion bite
Meta booked $2.4 billion in charges related to legal proceedings and $1.18 billion in severance expenses from its May layoffs. The charges help explain why costs jumped 55% and operating income fell 8%, even as revenue grew 28%.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
Meta's layoffs aren't fully reflected in its head count yet
Meta reported 75,472 employees at the end of June, down just 1% from a year earlier. But that figure still includes about 8,000 workers affected by its May layoffs, most of whom will disappear from the official count by the end of this quarter.
2 hours ago
Charles Rollet Meta reporter
Copied!
Meta's smart glasses are still a small part of its business
Reality Labs — the division that oversees Meta's hardware efforts — made $431 million in quarterly revenue, up 16% year over year. While that's solid growth, the division remains tiny, generating less than 1% of the cash generated by Meta's ad business.
2 hours ago
Pranav Dixit Meta correspondent
Copied!
Meta's ad machine is still humming
Advertising revenue rose 27% to $59.36 billion, beating analysts' $59.07 billion estimate. Ad impressions grew 14%, while the average price per ad climbed 12%.
2 hours ago
Copied!
Meta's Q3 revenue guidance
Wall Street expects Meta to deliver $63.17 billion in revenue for the third qurater. That's on the high end of the guidance CFO Susan Li gives: $61-64 billion.
2 hours ago
Copied!
Capex guidance narrows, but remains on track
As AI spending balloons, investors and analysts alike are keeping an eye on Meta's future spending plans. CFO Susan Li says Meta expects capital expenditures to be between $130-145 billion for the year, narrowed slightly from its prior outlook. Wall Street expected about $135.79 billion, keeping it squarely within the guidance.
2 hours ago
Copied!
Meta's lofty legal and severance costs
The company reports $42.03 billion in costs and expenses for the quarter — including some additional charges that upped the bill. Meta paid $2.4 billion in charges related to its "legal proceedings" and $1.18 billion in severance expenses after it laid off roughly 10% of its workforce in May.
3 hours ago
Steven Tweedie Editor
Copied!
Meta's Q2 earnings are here — see the key numbers
- Revenue: $60.8 billion vs. $60.23 billion estimate
- EPS: $6.18 vs. $7.14 estimate
- Advertising revenue: $59.36 billion vs. $59.07 billion estimate
- Reality Labs revenue: $431 million vs. $428.7 million estimate
- Capex: $31.08 billion
3 hours ago
Copied!
Analyst: Meta is "trading people for compute"
Myung J. Chun / Los Angeles Times
Meta's AI push isn't just transforming its products. It is remaking the company itself, Forrester VP and research director Mike Proulx told Business Insider.
"Meta's AI bet is as much cultural as it is technological," Proulx said. "The company is trading people for compute and replacing organizational depth with infrastructure at a moment when execution is the mandate."
Meta's AI push isn't just transforming its products. It is remaking the company itself, Forrester VP and research director Mike Proulx told Business Insider.
"Meta's AI bet is as much cultural as it is technological," Proulx said. "The company is trading people for compute and replacing organizational depth with infrastructure at a moment when execution is the mandate."
Meta laid off about 8,000 employees in May while . It has also stripped out management layers and reorganized teams into smaller, AI-native pods, all part of Zuckerberg's push to make Meta leaner and faster.
The upheaval has taken a toll. After the layoffs, forced reassignments, and backlash over an , Meta CTO Andrew Bosworth said .
See more less
3 hours ago
Copied!
Meta stock edges lower ahead of Q2 results
Meta shares were down about 1% heading toward the closing bell.
US stocks were volatile on Wednesday, whipsawing for much of the day before tumbling sharply late in the session after the Fed delivered its latest rate decision. While the FOMC left rates unchanged, a hawkish view of inflation from the central bank sent bond yields spiking, weighing on stocks.
Meta shares were down about 1% heading toward the closing bell.
US stocks were volatile on Wednesday, whipsawing for much of the day before tumbling sharply late in the session after the Fed delivered its latest rate decision. While the FOMC left rates unchanged, a hawkish view of inflation from the central bank sent bond yields spiking, weighing on stocks.
The Nasdaq dropped more than 1%, and the Dow lost nearly 1,100 points. The 10-year Treasury bond yield rose five basis points to 4.65%
See more less
3 hours ago
Copied!
Meta's $145 billion AI bet is still a "trust Zuckerberg" story
Mark Zuckerberg, CEO of Meta.Chris Graythen/Getty Images
Meta plans to spend between $125 billion and $145 billion on capital expenditures this year, much of it on data centers and computing infrastructure to power its AI ambitions.
But unlike Alphabet and Microsoft, it doesn't currently have an established cloud business generating revenue from all that infrastructure, Motley Fool contributing tech analyst Anders Bylund told Business Insider.
Meta plans to spend between $125 billion and $145 billion on capital expenditures this year, much of it on data centers and computing infrastructure to power its AI ambitions.
But unlike Alphabet and Microsoft, it doesn't currently have an established cloud business generating revenue from all that infrastructure, Motley Fool contributing tech analyst Anders Bylund told Business Insider.
"The hyperscalers can point to direct revenue," Bylund said. "Meta has to point to Zuckerberg's long-term AI conviction."
That could change. Meta is reportedly developing a cloud business that could sell outside customers access to AI models and excess computing power.
For now, investors are being asked to take another expensive bet on Zuckerberg's vision. Investors have heard this pitch before: Zuckerberg's metaverse bet has racked up more than $50 billion in losses so far.
See more less
3 hours ago
Copied!
Is the "trust toll" a problem for Meta?
A key question on investors' minds is whether Meta's AI spending is boosting its all-important digital advertising business. However, Meta may be facing a "trust toll" thanks to its AI-generated advertising tools, said Forrester analyst Mike Proulx.
Business Insider reported earlier this month that its AI ad tools have been causing chaos for some brands. "That's a big problem for a company that depends on ad revenue," Proulx said.
4 hours ago
Copied!
Compute is king
Data centers are rapidly cropping up across the US.Mario Tama/Getty Images
The tech industry's rush for compute isn't slowing down, and Bloomberg recently reported that Meta is developing plans to build its own cloud infrastructure that it could lease to customers.
As Google, Amazon, and Microsoft can attest, it's a good business to be in right now, and one that would help Meta justify its deep investments elsewhere. It's possible we'll hear more about these plans on Meta's earnings call.
5 hours ago
Copied!
Is Meta doing too much?
Investors love a clean strategy — but right now, Meta is spinning a lot of plates. "Meta spent the quarter cutting jobs, reorganizing around AI, launching new products, testing new apps, expanding subscriptions, pushing further into smart glasses, and pouring billions more into AI infrastructure," said Forrester analyst Mike Proulx.
"Investors should spend less time counting Meta's AI announcements and more time evaluating whether the company can handle this much disruption at once," he added.
5 hours ago
Copied!
Needham says wait until capex cycle is over to buy the stock
Justin Sullivan/Getty Images
Needham is less bullish, maintaining a Hold rating and a more muted $606 price target, about 2% higher than current levels. Analyst Laura Martin says that her team favors waiting to purchase Meta stock until the current capex cycle is over, citing concerns about its plans for growth.
"We retain our HOLD, because we believe that META's strategy diffusion destroys economic value," she wrote. "We think META is asking for too much capital for too many projects, and since competition is intense, strategy dilution lowers the odds that it will succeed at any of them." It cited projects like its Ray-Ban glasses, the Metaverse, and Reality Labs as having uncertain futures in terms of profitability.
6 hours ago
Copied!
RBC says 'path to commercialization' needed to validate capex
RBC sees Meta as the tech stock with the biggest opportunity for investor sentiment to improve. Analyst Brad Erickson maintains an Outperform rating and a $810 price target.
Erickson added that if management increases 2026 capex to the forecasted $215 billion, it would likely help position Meta as a competitive force in cloud infrastructure.
RBC sees Meta as the tech stock with the biggest opportunity for investor sentiment to improve. Analyst Brad Erickson maintains an Outperform rating and a $810 price target.
Erickson added that if management increases 2026 capex to the forecasted $215 billion, it would likely help position Meta as a competitive force in cloud infrastructure.
"The degree to which management articulates a clear path to commercialization—and demonstrates early traction or proof points—will be critical in validating the enormous capex investments being made and could help address lingering concerns about return on invested capital in the AI era."
See more less
7 hours ago
Copied!
Meta should keep scaling its AI ambitions, Deutsche says
Samuel Boivin/NurPhoto via Getty Images
Deutsche analyst Benjamin Black recently wrote that Meta should be doing more to scale it AI ambitions, rating the stock as a Buy and setting an $800 price target.
Black did not give a specific capex forecast, though he wrote that spending will likely remain elevated. But similar to Goldman, he highlighted strong advertising growth and a promising AI monetization path as reasons to remain bullish on Meta.
Deutsche analyst Benjamin Black recently wrote that Meta should be doing more to scale it AI ambitions, rating the stock as a Buy and setting an $800 price target.
Black did not give a specific capex forecast, though he wrote that spending will likely remain elevated. But similar to Goldman, he highlighted strong advertising growth and a promising AI monetization path as reasons to remain bullish on Meta.
"In our view, Meta's shares' modest discount to the broader market does not adequately reflect the durability of the advertising business or the growing monetization optionality across AI, subscriptions, business agents, and cloud infrastructure," he wrote.
See more less
7 hours ago
Copied!
Goldman sees capex rising, but positive ad momentum should continue
Goldman expects Meta to continue ramping up AI capex, but it's not worried. According to analyst Eric Sheridan, Meta's spending will reach $534 billion from 2026 to 2028 as it continues to monetize its AI compute buildout. The bank has a Buy rating on the stock and a bullish $815 price target, a 37% jump from current levels.
"We continue to see sustained operating momentum in terms of our advertising checks across Q2, which bodes well for its forward growth trajectory," he wrote. "We continue to see the application of additional compute to the company's core Family of Apps products as generally underappreciated by investors."
8 hours ago
Copied!
BofA eyes earnings beat, doesn't see capex as a concern
Zuckerberg is pictured wearing the Ray-Ban Meta glasses.Bloomberg/Getty Images
BofA analysts maintain a Buy rating a bullish $ 835 price target on Meta stock, a 40% jump from price. The bank is forecasting an overall Q2 beat, with analyst Justin Post citing its appealing valuation and significant AI benefits as the primary reasons why his team remains constructive, as well as healthy advertising growth.
While they expect Meta to keep raising AI spending figures, Post said high capex doesn't negatively impact his bullish thesis on the stock.
BofA analysts maintain a Buy rating a bullish $ 835 price target on Meta stock, a 40% jump from price. The bank is forecasting an overall Q2 beat, with analyst Justin Post citing its appealing valuation and significant AI benefits as the primary reasons why his team remains constructive, as well as healthy advertising growth.
While they expect Meta to keep raising AI spending figures, Post said high capex doesn't negatively impact his bullish thesis on the stock.
"We do not expect AI infrastructure investment to slow near term given industry-wide compute capacity constraints and see potential for Meta to raise its FY26 capex guidance to $135-$150bn (from $125-$145bn)," he wrote. "We recently increased our FY26 capex estimate to $145bn and continue to see upside potential to Street estimates at $136bn."
See more less
9 hours ago
Copied!
Wall Street expects Q2 revenue of $60.23 billion, EPS of $7.14
Second quarter
- Revenue estimate $60.23 billion (Bloomberg Consensus)
- Advertising rev. estimate $59.07 billion
- Family of Apps revenue estimate $59.77 billion
- Reality Labs revenue estimate $428.7 million
- Other revenue estimate $863.3 million
- Operating income estimate $21.5 billion
- Family of Apps operating income estimate $26.11 billion
- Reality Labs operating loss estimate $4.45 billion
- Operating margin estimate 35.6%
- EPS estimate $7.14
- Ad impressions estimate +14.6%
- Average price per ad estimate +11.7%
- Average Family service users per day estimate 3.61 billion
Third quarter
Second quarter
- Revenue estimate $60.23 billion (Bloomberg Consensus)
- Advertising rev. estimate $59.07 billion
- Family of Apps revenue estimate $59.77 billion
- Reality Labs revenue estimate $428.7 million
- Other revenue estimate $863.3 million
- Operating income estimate $21.5 billion
- Family of Apps operating income estimate $26.11 billion
- Reality Labs operating loss estimate $4.45 billion
- Operating margin estimate 35.6%
- EPS estimate $7.14
- Ad impressions estimate +14.6%
- Average price per ad estimate +11.7%
- Average Family service users per day estimate 3.61 billion
Third quarter
- Revenue estimate $63.17 billion
- Capital expenditure estimate $38.88 billion
Year
- Capital expenditure estimate $135.79 billion
- Total expenses estimate $163.02 billion
Source: Bloomberg
See more less
Read next
Business Insider tells the innovative stories you want to know
Business Insider tells the innovative stories you want to know
Business Insider tells the innovative stories you want to know
Business Insider tells the innovative stories you want to know
- Meta
- Tech stocks
- AI
- More
- Stock Market
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.Have an account? Log in.
Jump to
Follow Following
Every time publishes a story, you’ll get an alert straight to your inbox!
Look out for an alert in your inbox the next time publishes a story!
Every time a new story is published, you’ll get an alert straight to your inbox!
Look out for an alert in your inbox the next time a new story is published!
Enter your email
Sign up
By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s Terms of Service and Privacy Policy.
More stories by More stories from
Read Original at Business Insider →