Meta beat third-quarter revenue expectations on strong advertising growth and guided higher for the current quarter, and shares rose 7% after the results. Revenue reached $64.60 billion, up 26% year over year and above the $63.33 billion analysts expected; EPS of $3.83 beat the $3.57 consensus despite a $9.89 billion legal charge tied to a settlement with 52 state attorneys general over teen mental health litigation. Meta forecast fourth-quarter revenue of $73 billion to $76 billion, raised its full-year expense outlook, and plans capital spending of $135 billion to $145 billion for AI infrastructure. The board approved a publicly listed, nonvoting Class C stock effective January 19, 2027, distributed as a one-time stock dividend that works like a two-for-one split without changing voting power. Zuckerberg said about 25% of people who downloaded the Muse AI app use it daily.
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Related tickers and likely impact
META
▲ Likely positiveMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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