Meta Platforms Inc. (META · NASDAQ)

Meta Platforms (META, $725.93) has rallied 22.5% over the past month but its most recent quarter showed margin pressure: June-quarter revenue of $60.80B was up 28% YoY, yet operating income fell to $18.77B from $22.87B in the prior quarter and EPS of $6.18 missed estimates by 13%, marking the first miss in four quarters. Free cash flow was nearly wiped out in the quarter, with capex of $30.12B consuming almost all of the $31.86B in operating cash flow, leaving FCF of just $1.75B. The company still carries strong profitability metrics — 81.7% gross margin, 29.8% ROE, and a 1.0x debt/EBITDA ratio — and trades at 27.9x earnings with a PEG near 1.0, though earnings are down 13.4% YoY. The stock sits 6.6% below its 52-week high with an RSI of 64 and an analyst target of $793.91.