Earnings Preview | The First Major Test Amid the AI Confidence Crisis: Can Meta (META.US) Cross the Intersection of "Cash Burn" and Monetization?

Zhitong Finance APP has learned that amid a crisis of confidence in AI trading, Meta will release its third-quarter 2026 financial results after the U.S. market close on October 21, becoming the first major tech giant in this wave of doubt to face market scrutiny. For investors, the key to this earnings report lies not on the revenue side but on the spending side: whether the full-year capital expenditure guidance remains unchanged, and whether AI investment can be shown to be translating into sustainable revenue growth.