Meta Stock Surges 10% After Record Earnings and AI Investment Plan
- Meta’s fourth-quarter revenue reached $59.89 billion, a 24% increase year-over-year.
- Net income for the quarter was reported at $22.77 billion, up 9% from the previous year.
- Earnings per diluted share were $8.88, setting quarterly records for both revenue and profit.
- The company plans to increase capital expenditures in 2026 to between $115 billion and $135 billion, up from $72.2 billion in 2025.
- Meta forecasts first-quarter 2026 revenue of $53.5 billion to $56.5 billion, driven by infrastructure costs and technical hiring.
- Meta stock traded near $738 in post-market action following these announcements.
Meta’s strong fourth-quarter performance and ambitious AI investment plans have led to a significant rise in its stock price, reflecting investor confidence in its future growth strategy.
Source (3.2)https://cryptobriefing.com/meta-stock-surge-ai-spending/?rand=59535
