Meta Platforms reported a 26% increase in revenue to $51.24 billion for Q3, beating estimates. Adjusted EPS was $7.25, excluding a $16 billion tax charge. CFO Susan Li reassured investors of significant cash tax savings under new U.S. tax law. Despite a 7.5% stock decline, management raised expense guidance for 2026 to focus on AI investments, with CEO Mark Zuckerberg emphasizing the importance of being prepared for future opportunities. Instagram hit 3 billion monthly active users, Threads surpassed 150 million daily actives, and Reels achieved a $50 billion annual revenue run rate. The stock is currently at $825 per share. Meta’s AI-powered ad tools surpass $60 billion in annual run rate, with over 1 billion monthly active users. New Ray-Ban and Oakley smart glasses selling well, with Ray-Ban display glasses sold out in stores within 48 hours. Total ad impressions up 14%, average price per ad up 10% year over year. Meta expects fourth-quarter revenue between $56 billion and $59 billion, surpassing expectations. Capital expenditures and total expenses guidance also raised above expectations. Subscription to CNBC Investing Club with Jim Cramer offers trade alerts before Jim makes a trade. No fiduciary obligation or duty exists. No specific outcome or profit guaranteed.

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1. Apple announces plans to invest $430 billion in the U.S. over the next five years, creating 20,000 new jobs in the process.

2. Tesla reports record-breaking revenue of $10.74 billion in Q2, surpassing analyst expectations.

3. Amazon’s Jeff Bezos pledges $200 million to the Smithsonian National Air and Space Museum for a new education center.: Wall Street hates Meta’s AI spending guidance raise. We don’t