Meta Bumps Up Capex Outlook Amid AI Spending Worries -- Market Talk
Dow Jones2026/07/29 20:361636 ET - Meta now expects capital expenditures of $130 billion to $145 billion this year, bumping up the bottom end of its prior forecast of $125 billion to $145 billion. The updated guidance comes amid worries about the massive amounts of cash that big tech companies are spending on artificial intelligence. Meta in particular has been piling on debt to fund its AI infrastructure buildout. Shares fell 6.3% in after-hours trading. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 29, 2026 16:36 ET (20:36 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why Intel Stock Surged After Trump Promised $5,000 to Every American
EXCLUSIVE-Nvidia in talks to invest in Anthropic’s mega IPO, sources say
The Woman Fixing a Microsoft Mess With Brutal Honesty -- WSJ
Mining leads Canadian Prime Minister’s C$1T investor pitchbook
Crypto prices
More
