Finance
Meta Shares Fall as Capex Spending Rises
Meta Platforms Inc. raised its spending outlook for the year, projecting full-year capital expenditures of $125 billion to $145 billion, driven by its AI strategy and higher component pricing. Mandeep Singh of Bloomberg Intelligence has the latest. (Corrects spelling of analyst’s name in the descrip
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Bloomberg
April 30, 2026·1 min read
GM
FinanceMeta Platforms Inc. raised its spending outlook for the year, projecting full-year capital expenditures of $125 billion to $145 billion, driven by its AI strategy and higher component pricing. Mandeep Singh of Bloomberg Intelligence has the latest. (Corrects spelling of analyst’s name in the description.)
Original article
Meta Shares Fall as Capex Spending Rises
Published by Bloomberg