Meta (META) posted Q1 revenue of $56.31 billion, up 33% year over year, as CEO Mark Zuckerberg pledged to deliver personal superintelligence to billions of users. Meta raised 2026 capex guidance to $125 to $145 billion, up from a prior $115 to $135 billion range, citing higher component pricing and data center costs. Muse Spark, the first model out of Meta Superintelligence Labs, drove "double-digit percent increases in Meta AI sessions per user." Weekly business agent conversations grew 10 times since the start of the year, to more than 10 million. Analysts set an $827 consensus target with 57 buys and zero sells, even as shares fell 16% from the earnings filing price of $671.77 on April 29 to $564.15, on execution concerns.