Discussion

• @thetranscript_ @thetranscript_ on x

  $META CFO: Meta continues underestimating AI compute demand “Our experience so far has been that we have continued to underestimate our compute needs even as we have been wrapping ramping capacity significantly.  As the advances in AI have continued and our teams continue to iden…

• @danielnewmanuv Daniel Newman on x

  $META with a huge EPS beat and a capex raise. Zuck has been clear that he doesn't have enough compute.

• @supbagholder @supbagholder on x

  Everytime $META increases capex guide, it's telling you it expects higher operating cash flow. But continue selling.

• @munster_gene Gene Munster on x

  $META can't shake the capex bears.  Growth of 33% was better than the whisper of 32%.  Guided June to 28% vs. Street at 25%.  Investors opted instead to focus on capex growth this year going to 93% growth compared to previous expectations of 73%.  I see the concern overblown.  Me…

• @stocksavvyshay Shay Boloor on x

  Mark Zuckerberg just said $META is rolling out over 1 GW of custom AI silicon developed with $AVGO. Meta is also adding significant $AMD chip capacity alongside new $NVDA systems showing the AI buildout is becoming more multi-chip and cost-optimized. [image]

• @munster_gene Gene Munster on x

  $META Daily Active People was 3.56B, up 4%. hats a step down from 6.9% in Dec, vs. 7.6% in September and 6.4% in June and 5.9% in March, 5.0% in Dec 24 and 4.8% in Sep 24.  My take: it's good but not great.  Would have liked to have seen more of a step up given Meta AI search on …

• @garymarcus Gary Marcus on x

  Sheer insanity.  Amazon, Google, Microsoft, and Meta collectively are spending more money than the Manhattan Project *every single month*.  More than 12x the Manhattan Project every year.  And what they have got to show for it?  None are making major profits on AI; none has a tec…

• @rihardjarc Rihard Jarc on x

  [...] The rise in CapEx guidance may not be to the market's liking, but it's not surprising to me; Zuck always goes all in when he sees an opportunity.

• @mikeisaac Rat King on x

  oh lol this is why meta stock is falling — they absolutely fucken love burning cash on AI [image]

• @danielnewmanuv Daniel Newman on x

  I would be more worried if $META cut Capex. This is the cost of admission to the AI party. 🐂

• @ericjackson Eric Jackson on x

  CapEx came in BELOW expectations for all Mag 7 names tonight — except META who raised above

• @munster_gene Gene Munster on x

  $META CFO would not comment on capex for 2027, but said they believe compute is increasingly important.  My take: This rhymes with Google's comment tonight that they expect capex next year to be up “considerably” The Street is expecting Meta capex to grow at 9% in 2027.  I expect…

• @munster_gene Gene Munster on x

  $META is down 6% because of the capex guide.  Deja vu: We saw this when they reported Sep-25.  Capex is expected to grow this year by 94%, vs. the Street was expecting 76%.  My take: I continue to be surprised by investors negative capex reaction.  We have enough datapoints from …

• @mikeisaac Rat King on x

  a brief interlude to say meta earnings are fucken insane from a shareholder POV 33 percent increase in revenue! 35 percent increase in costs! 61 PERCENT increase in NET INCOME YoY bonkers [image]

• @stockmarketnerd @stockmarketnerd on x

  33% Y/Y growth for $META is so impressive. No large compute renting operation helping growth. Massive scale. Sharp acceleration beyond help from easier comps. Impressive.

• @hedgeyecomm @hedgeyecomm on x

  I am sorry... hate on $META all you want. But Zuck has the right messaging and strategy here. Not just in the AI agent thesis, but on the personalized content recommendation.

• @munster_gene Gene Munster on x

  $META CFO Susan Li says headcount reductions that they announced last week will help offset increased spending in AI infrastructure. My take: Latest data point that AI is having an impact on employment.

• @munster_gene Gene Munster on x

  $META grew revenue up 33% vs. 31%. For the June quarter, they effectively guided to $61B in revenue, up 28% vs. the just reported 33%. My take: Still impressive growth off of hard comps.

• @munster_gene Gene Munster on x

  $META says its new Muse Spark model is improving user sessions by a “double digit” percentage. My take: AI is going to make it even more difficult for humanity to put down their screens.

• @munster_gene Gene Munster on x

  Zuckerberg says AI will amp the ability for people to do what they want. Trying to smooth over the fact that Meta has been the most aggressive company at replacing humans with AI. My math is they've cut about 15% of headcount over the past year because of AI efficiency.

• @stocksavvyshay Shay Boloor on x

  Getting really hard to justify owning most software right now when the “AI is cannibalizing software” narrative keeps building and $META is outgrowing nearly all of them besides $PLTR while trading under 20x earnings.

• @supbagholder @supbagholder on x

  Meta's AI story is fundamentally different from the hyperscalers. When growth inevitably slows, cloud players (already ~30% margin buisinesses) will compete aggressively on price to defend market share. AI will becomes a margin compression story. Meta is the opposite.

• @briansozzi Brian Sozzi on x

  Meta headcount before mass layoffs being to tally: [image]

• @drewcohenmoney Drew Cohen on x

  $Meta posted 33% revenue growth It easy to become blasé at that figure, but remember... that is more than twice the 16% growth they put up in 1Q25, despite a larger revenue base. [image]

• @stocksavvyshay Shay Boloor on x

  $META JUST POSTED ITS FASTEST REVENUE GROWTH IN NEARLY 5 YEARS [image]

• @munster_gene Gene Munster on x

  Zuckerberg kicks off the $META call explaining the deep in DAP growth. It was 7% last quarter and 4% in March. He says Iran and Russia regions were down. My take: Adding those back it likely grew 5.5% in March.

• r/business r on reddit

  Meta's Reality Labs lost over $4 billion, while bringing in $402 million, in first quarter of 2026

• r/goodnews r on reddit

  Meta's Reality Labs lost over $4 billion in first quarter

• r/technology r on reddit

  Meta's Reality Labs lost over $4 billion in first quarter / The Reality Labs unit has now accumulated over $80 billion in total operating losses since late 2020.

• @jason_kint Jason Kint on x

  Facebook/Meta down 10% today likely based in part on this statement. I find myself wondering if this issue of insatiable need for compute and cloud is exasperated by the company mostly being left unchecked for 20+ years as to how it sources content and data. [image]

• r/goodnews r on reddit

  Meta lost 20 million users last quarter

• @stocksavvyshay Shay Boloor on x

  Absolutely wild that $META lost $160B in market cap after raising CapEx by just $10B even though the business posted some of its strongest growth metrics in years: • Fastest revenue growth in ~5 years at 33% YoY • Ad impressions grew 19% & Ad pricing grew 12% (rare combo) • [imag…

• @_seandavid Sean D. Emory on x

  Wall Street is obsessed with the AI race. The capex, the chips, the model benchmarks... for good reason. But Zuck said something key. Basically that while people close to AI think AI is everywhere, reality is few use agents. To set up an agent today, you need to install a [image]

• Josh Gilbert Josh Gilbert on linkedin

  Meta delivered a solid Q1 earnings result, but shares tumbled in extended trading after the AI spending bill rose again, leaving investors feeling a little uneasy. …

• Nicola Mendelsohn CBE Nicola Mendelsohn CBE on linkedin

  Meta's Q1 2026 results tell a powerful story about what's possible for businesses on our platforms, both now and in the future.  Some highlights from tonight's call: …

• r/UnderReportedNews r on reddit

  Meta lost 20 million users last quarter

• r/facebook r on reddit

  Meta lost 20 million users last quarter. extra text to get to sixty eight characters.