META · Tech
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Meta posted revenue of $56.3 billion, up 33%. Adjusted EPS of $7.31 beat estimates. But capex guidance raised to $125-145 billion sent the stock down 7%. We break it down in plain English.
Meta crushed expectations with $50.3 billion in revenue (up 21%) and $8.02 EPS. But the headline everyone is talking about? Meta is planning to spend $115-135 billion on AI infrastructure in 2026. Zuckerberg is going all-in on "personal superintelligence."