🔴 Meta Platforms is trading 7% down on October 23, 2026, as AI spending sparks cash burn

Meta Platforms is trading at ARS 44,340.00, down 7.12%, as investors weigh its higher 2026 AI spending outlook and funding plans.

• The company’s capital-expenditure outlook is $135 billion to $145 billion for 2026, and it plans to issue non-voting shares to help fund AI investments.
• Reuters reported the selloff followed those announcements despite better-than-expected results; AI spending pushed the company into its first cash burn in more than a decade.