Meta Platforms stock is trading slightly lower at $670.32 (-0.39%) ahead of its Q4 2025 earnings report, where analysts expect $58.4 billion in revenue and $8.21 EPS, tempered by concerns over rising AI capital expenditure.
- The current intraday dip aligns with investor concerns over heavy AI capex, with expenses projected to rise to $21.9 billion and 2026 capital expenditure potentially exceeding $100 billion.
- Further spending worries stem from Reality Labs, which is projected to report losses of $5.9 billion following recent layoffs of over 1,000 employees in the division.