Investors await Meta’s updated 2026 capital expenditures forecast amid rising AI infrastructure costs and market expectations.
Meta Platforms (META) will release its second-quarter earnings after markets close Wednesday, with analysts closely watching its capital expenditures outlook. The company previously guided 2026 spending between $125 billion and $145 billion, but pressure has mounted to revise this higher following Google’s recent results.
Market consensus expects Meta to adjust its forecast upward, reflecting increased investment in AI infrastructure and data centers. The tech sector has seen heightened scrutiny over spending efficiency, with Meta’s stock performance tied to its ability to balance growth and profitability.
The Dow Jones index fell Wednesday ahead of the Federal Reserve’s decision, adding to pre-earnings volatility. Meta’s report could further influence sentiment in the tech-heavy Nasdaq.