Meta Beats Earnings Expectations With a 2-for-1 Stock Split as AI Spending Explodes
Contains AI
Meta Platforms has delivered a major revenue beat, announced plans for a new nonvoting Class C share structure designed to have an effect similar to a 2-for-1 stock split, and doubled down on its massive artificial intelligence investment strategy. But can Mark Zuckerberg turn Meta's growing AI ambitions into sustainable profits?
In this in-depth financial news analysis, we examine Meta's third-quarter 2026 earnings, the company's 26% year-over-year revenue growth to $64.6 billion, and the financial developments shaping its future. We explore how Facebook and Instagram advertising…
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