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Meta grew revenue 28% while profit fell 14%. A $2.4 billion legal charge, severance and a $31 billion AI buildout explain the gap.
Meta grew revenue 33% and beat on EPS, but the stock fell after it raised 2026 AI spending guidance to $125-145 billion. What happened, 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."