Meta Platforms reported a sharp stock drop following earnings that included a $9.89 billion legal charge and negative free cash flow of $2.12 billion. Despite these setbacks, revenue beat estimates at $64.6 billion, driven by strong ad pricing and user growth, with a 20.85% upside projected by analysts. The company introduced a new non-voting share class for capital raising, though no immediate financing plans were announced. Investors remain cautiously optimistic, with price targets around $784 and potential upside if AI initiatives and ad revenue continue to perform well.
Meta Platforms shares are trading at USD 623.35 on Pluang, down 1.14% as of Oct 28, 2026 00:21 WIB. The stock remains below its 52-week high of USD 777.59, with a market cap of $1.61 trillion and a balanced order activity of 45% sell and 55% buy.
Meta Platforms saw a 26% revenue increase to $64 billion in Q3, fueled by a 10% rise in ad impressions and 14% higher ad prices year-over-year. The company's AI agent, Muse, is gaining early traction and is expected to open new revenue streams throug...
Anthropic and Meta Platforms plan to raise up to $200 billion to expand their AI capabilities, driving a surge in US economic activity. This investment builds on hundreds of billions already spent by US companies on AI infrastructure, including chips...
Meta Platforms is significantly increasing its investment in artificial intelligence by raising an additional $95 billion and raising its capital expenditure guidance to $135–$145 billion. This move reflects Meta's confidence in long-term AI-driven g...
Rohit Patel, former AI director at Meta, has left to start Ndoc, a startup creating an AI-native workspace designed to unify tools like Excel, Word, and PowerPoint into one platform. Ndoc integrates presentations, narratives, and data models in a sin...
Alphabet's stock has underperformed this year, remaining nearly flat while the S&P 500 rose 13%, due to heavy investments in AI that have yet to yield strong enterprise adoption or clear leadership success. Meta revealed it may spend up to $635 billi...
