Meta Raises Low End of 2026 Capex Outlook, Announces Class C Stock Plan
Meta raised the low end of its 2026 capital expenditure outlook and announced a Class C stock plan intended to preserve founder-led control.
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08:23:05 PM UTC
SquawkNews
Meta Platforms bumps up its estimated capital expenditures for this year to a range of $135 billion to $145 billion, lifting the low end of the range by $5 billion. The company declines to share specific guidance for 2027, but says it expects to "continue investing aggressively to support both our…
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