Meta Targets Up to $145 Billion in AI Spending Despite Shedding 20 Million Daily Users
Meta's Q1 2026 earnings show 33% revenue growth and a massive capex increase — but a user decline and Reality Labs losses sent shares down 7%.
Meta's Q1 2026 earnings show 33% revenue growth and a massive capex increase — but a user decline and Reality Labs losses sent shares down 7%.
Google Search queries reached a historic high in Q1 2026 as AI features drove usage, while Alphabet posted $109.9B in revenue — up 22% year-over-year.
Alphabet's Q1 2026 earnings show Gemini bundled into Google One plans is powering subscription growth, while YouTube ad revenue misses Wall Street expectations.