Meta Platforms Shares Slide Despite Earnings Crush as Market Misses AI Debt Genius

Meta Platforms shares opened sharply lower after Q1 2026 earnings beat estimates with $56.311B revenue (+33% YoY) and $10.44 EPS (+57% beat), driven by ad impressions (+19%) and pricing (+12%). The selloff stemmed from raised FY capex guidance to $125–$145B (mostly AI infrastructure) and plans for up to $25B in 40-year bonds at ~6% coupon. Analysts argue this locks cheap long-term funding amid robust cash flows, making the dip a potential buying opportunity if bonds price tightly and ad trends hold. No new updates in latest coverage.