"In 2026, the company is building a grounded narrative around its strong revenue growth. Meta is an advertising company through and through and in 2026 it's emphasizing that core competency while pointing to strong revenue growth backing up the story. Meta reported $59.89 billion in revenue in the last quarter, beating Wall Street's by over $1 billion. The company said more people are using its wide family of social apps, with 7% daily active user growth year over year across its products."
"The Menlo Park tech giant's investment in AI is only growing. In 2026, Meta expects to splash out between $115 billion and $135 billion in capital expenditures, way up from the $72.22 billion it spent across 2025. Meta says that increase will largely be driven by upped investment into Meta Superintelligence Labs, its AI division. "We're in this interesting period where we've been rebuilding our AI effort, and we're six months into that, and I'm happy with how it's going," Zuckerberg said."
Microsoft stock suffered its biggest single-day drop since 2020 while Meta stock rose 10%. Both companies are spending billions on AI talent and infrastructure. Meta reported $59.89 billion in revenue last quarter, beating estimates by over $1 billion, and recorded 7% year-over-year daily active user growth across its apps. Meta plans $115–$135 billion in 2026 capital expenditures, up from $72.22 billion in 2025, largely to expand Meta Superintelligence Labs. Mark Zuckerberg said he cannot imagine a world "where most glasses that people wear aren't AI glasses" and described being six months into rebuilding Meta's AI effort.
Read at Fast Company
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