Meta Platforms raised its 2026 investment forecast to a range of $135 billion to $145 billion, up from $130 billion to $145 billion, to fund its data centers, chips and the development of Muse, its consumer AI agent. In the third quarter, revenue reached $64.60 billion, exceeding the $63.37 billion expected by analysts, while its fourth-quarter guidance was above market estimates. The company also plans to create publicly traded Class C shares with no voting rights, taking effect on January 19, 2027. Existing Class A and B shareholders will receive this new class on a one-time basis, while Mark Zuckerberg would retain around 61% of Meta’s voting rights.
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