Meta Posts Q3 Double Beat

It's Benzinga, bringing Wall Street to Main Street. The company raised its full-year expense forecast to between $175 billion and $179 billion, reflecting a $9.9 billion legal charge. CEO Mark Zuckerberg said the company reached major milestones in personal superintelligence, adding that its investments are paying off and Meta is seeing velocity across the board. Meta also plans to increase capital expenditures and introduce a new class of common stock in January 2027. Shareholders will receive one additional share for each outstanding share held, effectively creating a two-for-one stock split. Shares rose more than 3% in after-hours trading on Wednesday, according to Benzinga Pro. For all things money, visit Benzinga.com.