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Meta's pre-market decline rapidly narrowed, now down 0.5%, after previously falling nearly 4%.
· Source: BlockBeats
BlockBeats news, October 26, according to BIT (Bit.com) market data, Meta's pre-market decline rapidly narrowed, now down 0.5%, after previously falling nearly 4%. Meta Platforms (META.O) previously announced the launch of a $22.5 billion Class A common stock offering and a 250 million depositary shares offering of preferred stock. It plans to launch a $60 billion "at-the-market" offering program for Class C common stock in the first quarter of 2027. Artificial intelligence is creating significant opportunities in the core business and new products and services. Capital expenditures for 2026 are expected to be $135 billion to $145 billion (the lower end of the range has been raised by $5 billion).
This brief is provided by BlockBeats. It doesn’t reflect our views and isn’t investment advice.
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