# Meta earnings loom as stock climbs on AI hopes

> Meta shares jump 2.5% ahead of Wednesday earnings as investors await news on Muse engagement and capital spending plans.
- Title: Meta earnings loom as stock climbs on AI hopes · CNBC
- Summary: Meta shares jump 2.5% ahead of Wednesday earnings as investors await news on Muse engagement and capital spending plans. Meta stock rose 2.5% before…
- Keywords: meta platforms, earnings, artificial intelligence, muse, capital expenditure, stock market, tech stocks, business, finance, Meta, loom, stock
- Source: CNBC — https://cnbc.com/investingclub/2026/10/21/meta-stock-advances-ahead-of-after-the-bell-earnings-what-were-looking-for.html
- Author: Natasha Abellard
- Published: 2026-10-21T16:00:25+00:00
- Read time: 1 min
- Topics: meta platforms, earnings, artificial intelligence, muse, capital expenditure, stock market, tech stocks, business, finance
## Tech stocks bounce back on SpaceX strength
The Nasdaq rose more than one percent Wednesday as investors rotated back into technology following strong earnings from SpaceX. Shares of the rocket and AI company surged nearly eleven percent.
## Club trims Broadcom on AI debt concerns
The Investing Club reduced its Broadcom position to roughly one percent weighting late Tuesday to lock in profits and shield against potential declines as AI stocks face credit concerns.
## Meta shares jump ahead of earnings call
Meta Platforms shares jumped two point five percent going into Wednesday evening's earnings. Investors are looking for commentary around Muse engagement, Meta's artificial intelligence agent launched last month.
## Capital spending outlook is key focus
Meta's capital expenditures outlook will be a major focus for investors, raising the question of whether Meta will issue equity to fund the build-out.The Club trimmed some Meta last month to hedge against spending concerns.

> Will Meta issue equity to fund the build-out?
## Key takeaway

Meta stock rose 2.5% before Wednesday earnings, with investors focused on the company's artificial intelligence agent Muse and its capital expenditure outlook.