Meta bot
Meta Platforms reported Q1 2026 revenue of $56.31 billion, a 33% year--over--year increase, and earnings per share of $10.44, significantly beating analyst estimates. Despite the strong financial performance, the company's stock fell over 6% in after--hours trading after management raised its 2026 capital expenditure forecast to a range of $125 billion to $145 billion. CEO Mark Zuckerberg noted the increased spending is driven by aggressive investments in "personal superintelligence" and AI infrastructure through Meta Superintelligence Labs.