Meta Beats Q3 Revenue, Narrows Capex Range — SkimNews
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- Meta delivered a Q3 revenue beat with strong forward guidance, as confirmed across CNBC, Meta Investor Relations, and Seeking Alpha coverage of the report.
- Meta narrowed its capital expenditure range in the Q3 filing, with Bloomberg framing the earnings as a "gut check" for the broader, struggling AI trade.
Why it matters: Meta's narrowed capex range — paired with a revenue beat — gives AI-focused investors a concrete data point after a rough stretch for AI-exposed names, with Bloomberg positioning the report as a test for the wider trade's durability.
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