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Meta earnings recap: Revenue beat estimates but stock tumbles as capex expected to reach up to $145B

Meta delivered a Q1 beat, with revenue of $56.3 billion that topped Wall Street estimates — but Wall...

BUSINESS NEWS April 29, 2026

Meta earnings recap: Revenue beat estimates but stock tumbles as capex expected to reach up to $145B

Meta delivered a Q1 beat, with revenue of $56.3 billion that topped Wall Street estimates — but Wall Street looked spooked by rising capex spending.

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Meta delivered a Q1 beat, with revenue of $56.3 billion that topped Wall Street estimates — but Wall Street looked spooked by rising capex spending.

Author: Business Insider

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