Sell META by Oct 22, 2026.

Below are my two senses when it comes to META heading into earnings. The current bear case for meta heading into earnings are CAPEX trajectory, execution around their current ai (MUSE), and slow down on advertising. Last earnings META raised their lower bound of its capex guidance (annual). From 125-145 to 130-145 this is in billions btw. Reading his tweet about potentially slowing down on AI zuck double down saying that them delaying (MUSE) was so they could train their …