Meta Platforms earns more than 99% of its revenue from advertising and has pledged up to $145 billion this year on AI. Despite a saturated user base of 3.6 billion daily users, Q1 2026 revenue grew 33% and Q1 free cash flow rose to $12.4 billion. The AI spending may accelerate ad growth, though 2025 free cash flow fell to $43.5 billion from $52.1 billion.
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$1,000 and 1 Stock: This Is the Consumer Play for the Long Term
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