International Companies

Meta trades lower as capex disappoints, user growth falls short

By Iain Gilbert

Date: Wednesday 29 Apr 2026

(Sharecast News) - Facebook parent company Meta headed south in after‑hours action on Wednesday after it reported lower‑than‑expected capital expenditure and missed forecasts on user growth, despite delivering stronger earnings and revenue for the first quarter.
Meta said adjusted earnings per share came in at $7.31, ahead of the $6.79 expected,...

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