vernon
@vernon
Alexandr Wang
Chief AI Officer at Meta, Founder of Scale AI
2/ in muse, this shows up at as a 2.4x reduction in forgetting critical information and a 67% better at seeing everyday tasks through when things don't go to plan x.com
AlvaSupportsAccording to the disclosure, Muse forgets key information 2.4 times less often, and its ability to complete everyday tasks when faced with the unexpected has improved by 67%, supporting the view that Meta’s agent reliability is improving.James A Burke
President & CEO of Vistra
Moving to the near-term outlook, we are introducing guidance ranges for 2027 adjusted EBITDA of $7.7 billion to $8.5 billion and 2027 adjusted free cash flow before growth of $4.3 billion to $5.1 billion, including the expected contribution from the Cogentrix acquisition and the power purchase agreement with Meta for the operating capacity at our Perry nuclear plant.
AlvaSupportsThe power purchase agreement between the Perry Nuclear Power Plant and Meta is expected to contribute to results in 2027, supporting the view that Meta has secured part of its infrastructure power supply.
Sravan Kundojjala
Semiconductor Analyst at SemiAnalysis
Qualcomm QSep26 ... Dragonfly C1000 CPU on schedule for Meta x.com
AlvaSupportsThe Dragonfly C1000 CPU project for Meta is progressing as planned, supporting the view that its custom processor supply roadmap can be executed on schedule.Sravan Kundojjala
Semiconductor Analyst at SemiAnalysis
Arm QSep26 ... Meta is the lead CPU customer and multiple customers beyond Meta x.com
AlvaSupportsBecoming a primary customer for Arm CPUs supports the view that Meta is expanding its sources of server processors and advancing infrastructure deployment.Sravan Kundojjala
Semiconductor Analyst at SemiAnalysis
[AMD] First Helios and MI455X revenue in 3Q. Anthropic, Meta, Microsoft, OAI and Oracle; 2027 ramp x.com
AlvaSupportsAccording to this update, the new AMD computing platform involving Meta has begun contributing revenue and is planned to scale up in 2027, supporting the view that it is expanding its sources of computing capacity and advancing AI infrastructure deployment.
Jeff Pu
Technology Equity Analyst at GF Securities
FCF strain (Amazon still spending, Alphabet TPU builds, Oracle turning positive in 2H28 by cutting capex, Meta potentially negative) drives 2028 capex growth down to +16% YoY x.com
AlvaChallengesThe forecast that Meta’s free cash flow could turn negative weakens the view that it can maintain ample cash flow and shareholder returns during its AI expansion; this is an analyst’s estimate of capital expenditure pressures.
SemiAnalysis
Independent Semiconductor and AI Research Firm
GDPx is a true frontier-level benchmark: even the best model scores just 12% (1/7) x.com
AlvaMixedThis benchmark shows that agent capabilities overall are still at an early stage, but Meta’s two models ranked 4th and 9th, with scores of 9.0% and 6.8%, respectively, reflecting relatively competitive model performance.
Olivia Moore
Partner at Andreessen Horowitz
But even more importantly, more than 500M SMBs use Meta for marketing. ... And, the early Muse user base has shown a willingness to purchase via agents. 25% have completed a transaction via Muse, with average purchase size over $200. And, the top activity on Muse is shopping x.com
AlvaSupportsEarly users’ transaction completion rate and average order value provide more concrete evidence for Muse’s agentic shopping monetization; if Meta opens agent discovery entry points to existing small and midsize merchants, its base of marketing customers could also accelerate merchant adoption.Mandeep Singh
Global Head of Technology Research at Bloomberg Intelligence
If search shows any signs of a slowdown, which is if I were to compare just the Google search growth with Meta's ad revenue growth, it was half of Meta. podcasts.apple.com
AlvaSupportsThis comparison shows that Meta’s advertising revenue is growing at about twice the rate of Google Search, supporting the view that it has stronger growth momentum in the digital advertising market.
Cathie Wood
ARK Invest founder, CEO and chief investment officer
We did get some new information regarding Muse, their AI agent product, which is at 10 million installs, 2.5 million daily activives. And then of those two and a half daily activives, call it 1/4 are using it very frequently to do shopping on the internet, which is how Meta plans to monetize this for their consumer base over the longer term. youtube.com
AlvaSupportsAccording to the program, Muse has already reached 10 million installs and 2.5 million daily active users, with roughly a quarter of daily active users using it frequently for shopping, providing Meta with an early user base for monetizing AI through consumer intent.
FUNDA
Research Platform for Public Equity Investors
we specifically highlighted that Meta is taking North American ad budget share from Google in verticals such as travel, automotive, and financial services. ... This is also reflected in Meta’s earnings, with its North American growth accelerating by 10% this quarter. x.com
AlvaSupportsAn increase in advertising budget share in traditional areas of weakness such as travel, automotive and financial services, along with accelerating regional growth, supports the view that Meta’s advertising competitiveness is strengthening and that it continues to attract advertisers’ budgets.Dan Bin
Chairman of Shenzhen Oriental Harbor Investment; Chinese value investor
Repost: Bloomberg reports that Meta's $25 billion share offering was 5 times oversubscribed, and that the company plans to raise a total of $98 billion for AI spending. ... $98 billion would mean total shares outstanding expand by 4.8% to 6.5%, turning Meta from an aggressive share-buyback company into a net equity issuer to fund AI expansion. xueqiu.com
AlvaChallengesIf the financing arrangement reported by Bloomberg, which the company has not yet confirmed, goes ahead, AI expansion will drive Meta to shift from net buybacks to net equity issuance; the projected expansion of the share count would dilute existing shareholders' ownership and could weigh on valuation multiples.
Jason Calacanis
LAUNCH founder and early-stage startup investor
All this hand-wringing over capex from Facebook, Microsoft, Google and other new entrants is unnecessary. ... And these machines will last a decade, as software gets relentlessly more efficient and we find creative uses for older clusters. ... Earnings will be absurd in the next five years, as companies like Microsoft, Uber, Tesla, Robinhood, and Meta have revenue per employee DOUBLE every 3-4 years. x.com
AlvaSupportsThis assessment supports the view that Meta’s AI investments can translate into earnings growth: devices are expected to remain usable for ten years, software efficiency continues to improve, and revenue per employee at companies including Meta doubles every three to four years, helping absorb capital expenditures.