Highlights from Meta's earnings call [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
raising its full-year capex spending forecasts to between $125 billion and $145 billion as it expects to invest more in AI. Watch the video above to hear what Meta CEO Mark Zuckerberg and CFO Susan Li have to say about the Facebook parent company's on its earnings call. The stock continues to fall in Wednesday's extended-hours trading. Video Transcript Speaker A We are increasing our infrastructure capex forecast for this year. Most of that is due to higher component costs, particularly memory pricing. But every sign that we're seeing in our own work and across the industry gives us confidence in this investment. Speaker A That said, uh we are very focused on increasing the efficiency of our investments. and as part of that, we are rolling out more than 1 gigawatt of our own custom silicon that we're developing with Broadcom, as well as significant amount of AMD chips to complement the new Nvidia systems that we're uh rolling out as well. Speaker A My view of AI is v
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- Meta's AI investments are costing way more than VR, and investors aren't happy about it [Yahoo! Finance]Yahoo! Finance
- Meta is still burning money on AR/VR [Yahoo! Finance]Yahoo! Finance
- Meta chief Zuckerberg doubles down on AI spending [Yahoo! Finance]Yahoo! Finance
- Meta is still burning money on AR/VR [TechCrunch]TechCrunch
- Meta says it doesn't know its ideal size as it prepares to lay off 10% of its entire staff [Business Insider]Business Insider
META
Earnings
- 4/29/26 - Beat
META
Sec Filings
- 4/29/26 - Form 4
- 4/29/26 - Form 8-K
- 4/28/26 - Form PX14A6G
- META's page on the SEC website