Earnings Preview | The First Major Test Amid AI Confidence Crisis: Can Meta (META.US) Overcome the Crossroads of "Burning Cash" and Monetization?

Zhitong Finance APP reports that amid a confidence crisis in AI trading, Meta will release its Q3 2026 financial report after the US market closes on October 21, becoming the first major tech giant to undergo market scrutiny during this wave of skepticism. For investors, the key to this earnings report is not on the revenue side, but on expenses: whether the full-year capital expenditure guidance remains unchanged, and whether AI investments can be demonstrated to be translating into sustainable revenue growth.