Meta Platforms' $135 Billion Bet Makes Complete Sense

Meta Platforms (NASDAQ: META) is off to a fast start this year. Shares climbed 9% in January, building off two straight years of double-digit gains and a triple-digit return in 2023. The momentum continues.Nonetheless, investors have a lot to digest when thinking about the future of this business. Meta just reported its latest financial results, and it revealed its spending outlook for 2026. Capital expenditures (capex) are expected to total between $115 billion and $135 billion this year. That would be up substantially from $72 billion in capex in 2025. The notable year-over-year growth is "driven by increased investment to support our Meta Superintelligence Labs efforts and core business," according to CFO Susan Li. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool