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Joe Weisenthal: META projects FY CAPEX in $135B to $145B range

Joe Weisenthal: META projects FY CAPEX in $135B to $145B range
META keeps FY CAPEX range steady

META has updated its full-year capital expenditure guidance to a range of $135 billion to $145 billion, consistent with its previous outlook of $130 billion to $145 billion.

Joe Weisenthal, executive editor of news for Bloomberg Digital, commented that this alignment is notable given recent years in which companies have tended to underestimate future spending.

Earlier this year, Weisenthal highlighted that PIMCO is facing an 85 percent loss on a AAA-related Philadelphia office bond. He also reported that skepticism about the AI trade has persisted even as stocks reach record highs in recent coverage. His recent remarks on Meta’s outlook follow a series of observations on market spending and sentiment.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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