Meta Platforms has reported strong earnings for the third quarter, exceeding revenue expectations with a record $40.6 billion, driven by robust ad revenue and a significant push into AI technologies. Despite these positive results, concerns about a projected sharp increase in AI-related capital expenditures next year have led to a decline in stock prices. CEO Mark Zuckerberg has expressed confidence in continuing to invest heavily in AI, emphasizing its importance for future growth. Analysts remain optimistic, with expectations that the company is well-positioned for continued success in the evolving tech landscape, even as it warns of slowing digital advertising growth.