Event Brief
Apr 29, 2026 at 5:00 PM ET
Meta stock drops as capex and user growth miss estimates
By The BriefBrief
Meta reported revenue that beat expectations but user growth and capital expenditures came in below Wall Street estimates.
WHO: Meta
WHAT: Meta’s user growth and capital expenditures fell below Wall Street estimates, driving a stock drop.
WHEN: Apr 29, 2026 at 4:57 PM ET
WHERE: Location not specified
WHY: User growth numbers and capital expenditures were below Wall Street estimates.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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