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Meta raised the low end of its 2026 capital spending forecast to $135 billion while keeping the top at $145 billion, after third-quarter capital expenditures hit $34.91 billion.Read original on X
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Meta raises 2026 capital spending forecast to $135 billion
Meta also plans a non-voting stock class, paid as a dividend, to help fund its AI push while keeping existing voting power intact.
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Meta plans to hand existing shareholders a new non-voting stock class to help finance its AI push, potential acquisitions and employee pay. CFO Susan Li said it would come as a stock dividend, while preserving Class A and B voting power.Read original on X
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Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta lifts low end of 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
Meta raises 2026 capital spending forecast to $135 billion
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