Meta Platforms (META) shares surged 9% to $727.89 in after-hours trading after reporting strong Q4 results of $8.88 EPS and $59.9 billion in revenue, beating analyst expectations of $8.16 and $58.4 billion. Meta Platforms Inc. (META) has seen its shares surge 9% to $727.89 in after-hours trading, driven by a robust fourth-quarter performance that exceeded Wall Street’s projections. The company reported earnings per share of $8.88 on revenue of $59.9 billion, exceeding Bloomberg consensus estimates of $8.16 in EPS and $58.4 billion in revenue. However, Meta’s AI ambitions come with significant financial commitments, as evidenced by its 2026 capital expenditures forecast of $115 billion to $135 billion, a marked increase from the $72.22 billion spent in 2025. This escalation reflects the high costs of building out data centers capable of supporting advanced AI training and deployment.