Meta Announces $125-$145 Billion Capital Expenditure Plan Amid Strong Q1 Results
Despite reporting strong first-quarter financial results, including a 33% revenue increase and improved net income, Meta (META) announced an expanded capital expenditure range for 2026 of $125 to $145 billion. The news led to a roughly 7% drop in the company's stock after hours as investors questioned whether its AI investments will pay off.
