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Meta And Tesla Report, Nasdaq Plunges For The Wrong Reason
Source: seekingalpha.com
Corporate EarningsCorporate Guidance & OutlookArtificial IntelligenceCompany Fundamentals
Meta reported 26% year-over-year revenue growth, beat Q3 estimates, and guided Q4 above consensus, citing robust AI-driven ad demand. Q3 CapEx rose 80% year over year to $34.9B, with 2026 CapEx guided at $135–145B, indicating continued aggressive AI investment.
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