{"id":971217,"date":"2025-11-01T11:33:35","date_gmt":"2025-11-01T06:03:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=971217"},"modified":"2025-11-01T11:33:35","modified_gmt":"2025-11-01T06:03:35","slug":"facebook-parent-meta-spends-more-than-it-earns-and-wall-street-is-not-happy-with-it","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/01\/facebook-parent-meta-spends-more-than-it-earns-and-wall-street-is-not-happy-with-it\/","title":{"rendered":"Facebook parent Meta spends more than it earns, and Wall Street is not happy with it"},"content":{"rendered":"<p>Mark Zuckerberg&#8217;s Meta Platforms warned of &#8220;notably larger&#8221; capital expenditures in 2026 as it ramps up artificial intelligence investments, including a massive buildout of data centers to fuel its pursuit of superintelligence. The announcement overshadowed a strong third-quarter performance, sending shares down 8% in after-hours trading. The parent company of Facebook and Instagram reported third-quarter revenue growth of 26%, surpassing Wall Street estimates. However, costs surged 32% in the same period, outpacing revenue gains and highlighting the financial strain of Meta&#8217;s AI push.A one-time charge of nearly $16 billion tied to U.S. President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; crushed reported net income to $2.71 billion. Excluding the item, adjusted net income would have risen to $18.64 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Zuckerberg&#8217;s Meta Platforms warned of &#8220;notably larger&#8221; capital expenditures in 2026 as it ramps up artificial intelligence investments, including a massive buildout of data centers to fuel its pursuit of superintelligence. The announcement overshadowed a strong third-quarter performance, sending shares down 8% in after-hours trading. The parent company of Facebook and Instagram reported third-quarter revenue growth of 26%, surpassing Wall Street estimates. However, costs surged 32% in the same period, outpacing revenue gains and highlighting the financial strain of Meta&#8217;s AI push.A one-time charge of nearly $16 billion tied to U.S. President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; crushed reported [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-971217","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=971217"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971217\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=971217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=971217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=971217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}