Meta agreed to an $18 billion settlement with 29 U.S. state attorneys general to resolve a lawsuit alleging its platforms, Instagram and Facebook, had design features that posed harms to younger users. ^[1] Axon reported adjusted earnings per share of $1.88 for Q2 2026, beating estimates by $0.05. ^[2] Axon reported Q2 2026 revenue of $904.3 million, a 35% year-over-year increase, beating estimates by $27.84 million. ^[3] Axon's shares closed at $518.30 on September 1, 2026, representing a decline of 8.52% for the day and 14.68% over the prior week. ^[4] Analysts at Morgan Stanley stated that the settlement lifts a legal overhang that could clear the way for a wave of new AI product launches from Meta. ^[5] As part of the settlement, Meta agreed to make core changes to its platforms for users under 18, including a two-hour daily usage limit, disabling extreme makeup and cosmetic surgery filters, and introducing tighter age verification measures. ^[6] Meta will pay out the $18 billion settlement over ten years and is booking a $10 billion legal charge in its third quarter this year following the outcome of the trial. ^[7] Management raised full-year revenue growth guidance to 32%-34%, up from the previous 30%-32% forecast. ^[8]