Quick Read Meta raised its 2026 capex guidance to a range of $130 billion to $145 billion, nearly doubling its 2025 full-year spend as it builds AI infrastructure at scale. Q2 free cash flow fell 91% and operating margin compressed to 31% from 43%, revealing real financial strain from Meta's AI infrastructure buildout. Zuckerberg is fielding compute resale offers at a meaningful premium, positioning Meta as a mega cloud rival to AWS, Azure, and Google. Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor) The headline number for long-term Meta Platforms (NASDAQ:META) shareholders is a spending line. And it just got bigger.metamorworks / Shutterstock.
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