Meta has raised its capital expenditure forecasts for 2026, amid accelerating investments in building artificial intelligence products, stating that it expects to spend between 115 billion dollars and 135 billion dollars during the current year, after its total capital expenditure reached 72.2 billion dollars in 2025.
The net worth of Mark Zuckerberg has increased by about 22 billion dollars, or by 9.7%, reaching 251.7 billion dollars, thus surpassing Jeff Bezos whose wealth is 249.7 billion dollars, according to Forbes' real-time billionaire list. Elon Musk remains the richest person in the world with an estimated wealth of around 766.1 billion dollars, significantly ahead of Google founders Larry Page with a wealth of 275 billion dollars, and Sergey Brin with a wealth of 253.7 billion dollars.
In contrast, Tesla's stock #Tesla fell by 3.2% during Thursday's session after the company announced its first full-year annual revenue decline in its history, despite exceeding quarterly expectations. The company's total revenue for the year was $94.8 billion, compared to $97.7 billion in 2024, while quarterly revenues reached $24.9 billion, slightly surpassing estimates. Microsoft's stock #Microsoft dropped by 11.7% after the release of results that showed a slight slowdown in the growth of Azure's cloud computing revenue during the last quarter.
