Meta used its third-quarter 2026 earnings call to highlight early traction for Muse, its personal AI agent, with more than 10 million users in the U.S. and Canada setting up agents within about six weeks of launch and roughly 25% using it daily. Shopping is the leading use case, with average purchases above $200, and Zuckerberg outlined monetization through transaction fees, premium subscriptions and enterprise services. Third-quarter revenue reached $64.6 billion, up 26% year over year, with ad impressions up 10% and average pricing up 14%. Third-quarter capital expenditures totaled $34.91 billion and free cash flow was negative $2.12 billion, while full-year 2026 capital expenditure guidance narrowed to $135 billion–$145 billion. Meta also plans nonvoting Class C shares distributed through a stock dividend, effectively a two-for-one split, with trading expected to begin in late January 2027.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 11/02/2026 | 606.73 |
| Change that session | -1.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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