Meta Platforms (META.O) raised 2026 capital expenditure guidance to $135–145 billion from a prior $130–135 billion range and announced a new non‑voting share class. The company said it will distribute the new shares to existing holders as a stock dividend—effectively a 2-for-1 split—and expects the shares to begin trading in January. Meta said the non‑voting class will be available for fundraising, employee compensation and potential acquisitions, underscoring continued heavy investment in AI. M

Meta Platforms (META.O) raised 2026 capital expenditure guidance to $135–145 billion from a prior $130–135 billion range and announced a new non‑voting share class. The company said it will distribute the new shares to existing holders as a stock dividend—effectively a 2-for-1 split—and expects the shares to begin trading in January. Meta said the non‑voting class will be available for fundraising, employee compensation and potential acquisitions, underscoring continued heavy investment in AI. Meta reported Q3 revenue of $64.6 billion versus consensus $63.334 billion and guided Q4 revenue to $73–76 billion versus analysts’ $73.6 billion estimate.