Meta lifts spending forecast and revenue but shares tumble on layoffs and regulatory fears

Published on 29 April 2026

Raised AI infrastructure spend as investors flagged fresh risks

Meta reported strong revenue and raised its capital spending outlook, projecting higher AI infrastructure spending while expecting steady ad growth. Yet shares fell in extended trading as investors weighed plans for layoffs and deeper AI integration across products and workforce operations, alongside ongoing regulatory uncertainty in the US and EU.

Meta raised its capital spending outlook alongside strong revenue results
Higher AI infrastructure spending is central to its future plans
Layoffs and expanded AI integration add pressure for investors
US and EU regulatory risks remain a key overhang

#earnings #layoffs #meta #ai #regulation

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Meta lifts spending forecast and revenue but shares tumble on layoffs and regulatory fears

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