Meta Q3 earnings updates: Investors want updates on AI and capex, with the stock up 28% in 2025

The social media giant is one of "hyperscalers" at the heart of Wall Street's AI trade, and updates on its AI ambitions will likely be the highlight of its third-quarter report after the bell on Wednesday.Wall Street expects revenue of $49.5 billion, and investors will be waiting to hear more on its plans for capex and how it will monetize AI. Meta recently invested $14 billion in Scale AI with the goal of reaching AI "superintelligence."Overall, Wall Street analysts remain bullish on the social media compa ...