Meta Platforms posted a 26% year-over-year revenue increase to $64.6 billion in Q3, supported by strong advertising volume and a robust adjusted EPS of $7.40 despite a large legal charge. The company's investments in generative AI, particularly the Muse model suite, are enhancing advertiser returns, user engagement, and driving double-digit growth in ad prices. While capital expenditure intensity and legal risks remain concerns, Meta's long-term growth prospects, operational cash flow, and AI monetization potential support a positive investment outlook. However, challenges with free cash flow persist.
Meta Platforms shares are up 4.00% on Pluang, trading at USD 721.99 as of Oct 22, 2026 04:11 WIB. The stock shows strong investor interest with 68% of orders buying and a market cap of $1.77 trillion at this time.
Meta announced that its AI app Muse has surpassed 10 million users, with 25% using it daily, boosting user retention. CEO Mark Zuckerberg highlighted that over 25% of engaged users shopping via Muse spend an average of more than $200 per purchase, a ...
A federal judge sharply criticized Meta for using attorney-client privilege to withhold thousands of documents related to teen social media addiction. The judge condemned Meta's employees for celebrating this legal tactic with branded hats, calling i...
Meta reported a record $64 billion in revenue for Q3, surpassing analyst expectations of $63.3 billion. Earnings per share were $3.83, below a potential $7.40 due to a $9.89 billion charge from a lawsuit settlement involving teenage users. The $18.59...
Meta Platforms reported a strong third quarter with revenue of $64.6 billion, up 26% year-over-year, driven by robust advertising growth. However, a $9.9 billion legal charge related to a settlement with 52 state attorneys general over teen mental he...
Meta Platforms reported a 26% revenue increase to $64.6 billion in Q3 2026, driven by strong ad sales and AI investments. Despite a $9.9 billion legal charge related to teen mental health litigation, net income surged 264% to $9.86 billion. The compa...
