📰 ET Markets 📊 EARNINGS 🕒 22 Oct 2026, 01:42 AM IST

Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates

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Core Development: Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates

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Market & Financial Impact: Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-voting shares, while reporting stronger revenue amid mounting legal challenges and intensifying competition.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates

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