Class A shares of the Facebook parent climbed about 10.7% as markets focused on upbeat near-term revenue guidance rather than longer-term spending plans. For Q1 2026, Meta projected revenue in the range of $53.5 billion to $56.5 billion, well above Wall Street’s consensus estimate of $51.27 billion. Analysts noted that the revenue guidance beat, combined with a solid earnings performance, helped offset worries about the company’s increasing investments. Looking ahead, Meta forecast full-year 2026 capital expenditures between $115 billion and $135 billion, exceeding market expectations of around $110 billion. In Q4 2025, Meta posted earnings of $8.88 per share on revenue of $59.89 billion, beating expectations of $8.19 per share on $58.35 billion in revenue.