Meta shares lose $175 billion after AI spending estimates upset shareholders

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Shares of Meta Platforms (META) recorded a decrease of about 10% on Thursday, which led to a loss of about 10% of the billion dollars from its market value. Expect the increase in capital expenditure for 2026 to reach the range of 125 billion dirhams.

The stock recorded its biggest monthly drop during a single day for about six months. This happened despite the fact that the profits for the first quarter of 2026 exceeded the estimates for the seven-month revenues and profits.

زیادة الإنفاک رامسمالی کیف متاستیری میتا

At the time of writing, META stock was trading at $606.43, down 10% overnight, wiping as much as $175 billion off its market value today alone.

Exceeding the scope of the new budget of the previous directive in January, which reached 115 billion dollars to 135 dollars, by about 7%.

said the financial manager Suzanne Lee statement The reason for the increase is due to the increase in the price of memory chips. She also pointed to additional costs for data centers associated with infrastructure.

$META CFO Susan Li says the headcount reductions announced last week will help offset increased spending on AI infrastructure.

My take: The latest data points to AI having an impact on jobs.

— Gene Munster (@munster_gene) April 29, 2026

کفت محلل جی بی مورجان دوج انموت فی note Rating Mita to neutral and lowered the bank’s target price to 725 dollars from 825 dollars. The memo highlighted the growing competition in comprehensive artificial intelligence and the difficulty of challenging it.

Capital expenditure in the first quarter alone reached 19.8 billion dollars, in line with the race for major partnerships to develop artificial intelligence infrastructure.

تغلب العنديس يتلاشى بظل المخاوف

Meta announced revenues of $56.31 billion, up 33% from the quarter-on-quarter growth of 2021. Net income reached $26.8 billion, or $10.44 per share. A one-time tax benefit of $8 billion related to the U.S. government’s research and development directive contributed to that number.

* AMAZON 1Q NET SALES $181.52B, EST. $177.23 billion

* AMAZON SEES 2Q NET SALES $194.0B TO $199.0B, EST. $189.15 billion

*META 1Q REV. $56.31 billion, EST. $55.51 billion

*META SEES 2Q REV. $58B to $61B, EST. $59.56 billion

*MICROSOFT 3Q REV. $82.89 billion, EST. $81.46 billion

* MICROSOFT 3Q OPER INCOME $38.40B, EST. $36.9 billion…

— MartyParty (@martypartymusic) April 29, 2026

It maintained strong advertising revenue while enhancing content recommendations based on its strength while enhancing content recommendations based on content based on video engagement.

ذل رد فعل الموقع يعيد عيد بعد البعادة عقب زيادة النفق النفق النفق الرت Asfm this recurring pattern of spending concerns dominates your strong fundamentals.

Chief Executive Officer Mark Zuckerberg about strategies during the call. And consider that the increase in spending reflects confidence in the artificial intelligence route map.

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