$125 billion to $145 billion. That is what Meta Platforms (NASDAQ:META | META Price Prediction) now expects to spend on capital expenditures in 2026, raised from a prior range of $120 to $135 billion when the company reported first-quarter results on April 29, 2026.
Jim Cramer says a single AI product decision at Meta Platforms (NASDAQ:META | META Price Prediction) just moved the stock roughly $100 per share, and he is using it as Exhibit A for why big tech is nearly impossible to trim.
The Instagram, Facebook and WhatsApp owner last Tuesday launched Muse Image, its first AI image generator meant to compete with OpenAI's ChatGPT Images 2.0 and Google's Nano Banana 2.
Two mega-caps reported blockbuster spring quarters, yet their stocks split hard this summer.
Meta (NASDAQ:META | META Price Prediction) is charging businesses to use one of its AI models for the first time, undercutting rivals significantly.
Meta is pushing advertisers to use its AI tools — and results are proving chaotic: strangely twisted limbs, gibberish writing, or entirely changed products. Meta's response to brands: That's on you, not us.
The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.
New AI innovations are piquing investors' interest.
Meta has shuttered an artificial intelligence image creation feature after just three days, following public backlash. The tech giant last Tuesday (July 7) introduced a tool that let users generate images using public Instagram accounts.
Meta's significant AI-related organizational restructuring hasn't paid off. Betting on personal superintelligence gives this business a different goal than its hyperscaler peers.
Meta was criticised for feature launched on Tuesday that automatically lets users generate images using content from public Instagram accounts
Users and Hollywood agencies raised privacy and copyright concerns about the new tool, Muse Image.