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Susan Li

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Business

Meta free cash flow collapses to $784M as capex hits $31B, stock drops 10%

Zuckerberg hints at a cloud business but says selling raw compute would be 'foolish'; full-year capex guidance now runs up to $145B.

Jaeden Schafer5 min read
Meta loses another $4B on Reality Labs as AI capex balloons past $125B
Business

Meta loses another $4B on Reality Labs as AI capex balloons past $125B

Reality Labs has now bled $83.5B since 2021, even as Meta projects up to $145B in 2026 infrastructure spending.

Jaeden Schafer4 min read
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