Kurt Wagner

To kind of be challenged with these allegations and in Mark Zuckerberg's case to defend himself and his company against these accusations.

And so it's been highly watched, highly anticipated.

And this is just really the first of more than a thousand potential trials that we could see.

To kind of be challenged with these allegations and in Mark Zuckerberg's case to defend himself and his company against these accusations.

And so it's been highly watched, highly anticipated.

And this is just really the first of more than a thousand potential trials that we could see.

Yeah, I mean, it's pretty much all good news, especially if you believe in this AI vision that Mark Zuckerberg has.

The Q4 holiday quarter sales were a beat.

The Q1 projections were a beat.

The real maybe surprising thing was just how high the capital expenditures are supposed to be in 2026.

I think the estimate was around $111 billion.

Meta's forecasting between $115 and $135 billion today.

But again, if you are a believer in this sort of AI world that we're living in right now, that's an exciting thing.

I mean, this is a company that is going absolutely full steam ahead into AI.

And I think those numbers reflect that.

How about just last quarter?

quarter.

This is exactly what we talked about in Q3.

They didn't have these specific numbers, but they basically said, hey, our CapEx is going to increase meaningfully in 2026.

The stock went down 14%.