Meta beats on revenue at $56.3 vs $55.6 billion consnsus. Boosts capex further
Highlights of the Q1 report from Meta: Sees $58-61 billion next quarter vs $59 billion consensus Expects capex spend of $125-145B vs $115-135B previously The capex continues to go up, which is great news if you're in the chip-making or data-center building business. The release specifically cited data center spending. That's not so great for Meta shareholders as they're down 4%, in part due to the runaway spending. There was talk recently of large Meta layoffs as well. This article was written b
Meta's increased capex and the mention of potential layoffs may lead to further downward pressure on its stock price in the short term. Investors might react negatively to the rising expenses despite the revenue beat.
Highlights of the Q1 report from Meta: Sees $58-61 billion next quarter vs $59 billion consensus Expects capex spend of $125-145B vs $115-135B previously The capex continues to go up, which is great news if you're in the chip-making or data-center building business. The release specifically cited data center spending. That's not so great for Meta shareholders as they're down 4%, in part due to the runaway spending. There was talk recently of large Meta layoffs as well. This article was written by Adam Button at investinglive.com.
Trade this news on a regulated broker
Turn this story into your next trade — earn cashback on every lot
News moves markets. Open a live account with one of the brokers below and SignalPro pays you cashback on every lot you trade — winning or losing — for the lifetime of your account.
- Open in 5 minutes · USDT TRC20 deposits
- $6.5–$12/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5.5–$10/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5–$9/lot lifetime cashback
- Full SignalPro VIP access included
Trading involves risk of loss. Cashback rates are estimates based on standard lots; actual rebates depend on your account type and instrument. SignalPro receives an introducing-broker commission when you open an account through these links — at no extra cost to you.
Cashback Calculator
How much could you earn back per year?
Move the slider to your real monthly trading volume. We instantly show your estimated yearly cashback at each broker. Cashback is paid for life on every trade you make — closed at a profit or a loss.
Estimates based on published partner cashback programs. Actual rebates depend on account type, instrument, and lot definition. See full VIP Trader Hub →
Trade these moves with SignalPro
Get push alerts the moment our analysts spot setups around news events. Join 50,000+ traders.
Discussion