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    Meta’s revenue surges to $64.6 billion, but billions in settlements and skyrocketing AI spending turn screws on profit, free cash flow

    Fortune
    October 21, 2026
    via Fortune

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    Meta’s revenue surges to $64.6 billion, but billions in settlements and skyrocketing AI spending turn screws on profit, free cash flow

    Meta exceeds revenue estimates as capex nearly doubles from a year ago.

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