METAD Stock Price and Chart — BCBA:METAD

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Meta Platforms (META) raised its capital expenditure forecast to $66-$72 billion, prioritizing AI and operations, with future capex projected at $85-$90 billion over the next three years.

Analysts are optimistic about Meta Platforms' earnings per share (EPS) growth, reflecting a positive trend seen in major tech stocks like Alphabet, Amazon, and Apple.

Meta has reorganized its AI efforts, launching Superintelligence Labs, which includes the TBD Lab, a product team, an infrastructure team, and the Fundamental AI Research lab.

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About Meta Platforms, Inc.

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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