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ARK Invest Buys Meta Shares as Wall Street Debates AI Spending Costs

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META$733.38 −0.56%

Investment firm ARK Invest acquired 32,311 shares of Meta Platforms (META) across two consecutive trading days. The buys were executed through the firm's Next Generation Internet ETF and Fintech Innovation ETF following Meta's recent launch of its Muse Wonder AI models for software developers and subscribers.

The purchases arrive as Wall Street remains divided over Meta's aggressive artificial intelligence investments. While some analysts highlight early user adoption and potential messaging or advertising revenue, others express concern over rising capital expenditure. Meta projects capital spending between $130 billion and $145 billion for 2026, and second-quarter free cash flow shrank to $784 million from $8.55 billion a year earlier despite revenue expanding 28%.

Investors are paying close attention to how Meta balances AI deployment costs against long-term profitability. The company is set to publish its third-quarter earnings after the market closes on October 21, where markets will look for further clarity on future capital expenses and the commercial rollout of its Muse AI tools. Shares of Meta were trading down 3.27% at $737.50.

Key points

  • ARK Invest purchased 32,311 shares of Meta Platforms across two sessions via its ARKW and ARKF exchange-traded funds.
  • Meta launched its Muse Wonder and Muse Wonder Full artificial intelligence models for developers and subscribers on October 12.
  • Analysts remain divided over Meta's spending, with capital expenditures projected between $130 billion and $145 billion for 2026.
  • Meta reports third-quarter financial results after market close on October 21.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

How many shares of Meta did ARK Invest buy?

ARK Invest purchased 32,311 Meta Platforms shares across two consecutive trading sessions using its ARKW and ARKF funds.

When will Meta report its Q3 earnings?

Meta is scheduled to release its third-quarter earnings report after the market close on October 21.

What are Meta's projected capital expenditures for 2026?

Meta expects 2026 capital expenditures, including finance lease principal payments, to reach between $130 billion and $145 billion as it invests in AI development.