Meta’s Subscription Push Across Three Apps Reveals Fear of AI-Driven Ad Revenue Disruption

Quick Read Meta (META) is testing subscriptions across Instagram, Facebook and WhatsApp despite 40.1% operating margins. Meta generated $51.24B revenue in Q3 2025. AI-driven ad targeting is cannibalizing Meta’s advertising effectiveness. Meta’s EPS dropped 38% in 2022 from iOS privacy changes. Meta committed $6B to Corning fiber and 1.2 gigawatt Oklo nuclear for infrastructure supporting a non-existent business model. Investors rethink ‘hands off’ investing and decide to start making real money M ...