This market was automatically settled Jul 30, 2026, 4:11 AM UTC
When Meta reports on July 29, will it guide full-year 2026 capex above $145B?
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<think> Okay, let's take a look at this market question. The user is asking if Meta, when they report on July 29, will guide their full-year 2026 capex above $145 billion. The resolution criteria specify that "Yes" is if the guidance's midpoint or stated figure is strictly above $145B, and "No" otherwise. Both resolvers 1 and 2 are in agreement here. Resolver 1 points out that Meta's guidance is a range of $130B to $145B. The midpoint of that range is $137.5B, which is below $145B, so it doesn't meet the "above" requirement. resolver 2 follows a similar process, checking the press release and earnings call transcript, confirming the same range. They calculate the midpoint again as $137.5B, leading to the same conclusion. Since both resolvers used the official sources (press release and transcript from Meta's Investor Relations site) and correctly applied the midpoint calculation as per the resolution criteria, their reasoning is sound. The top end of the range is exactly $145B, which isn't strictly above, so the answer must be No. There's no conflicting information or evidence presented here. I don't see any issues with their analysis. The answer is clearly No because the midpoint is below the threshold, and the range doesn't exceed it. No other sources or corrections are mentioned that would change the outcome. So the final answer should align with both resolvers. </think> ANSWER: No
Resolution criteria: - "Yes": Wins if Meta's Q2 2026 earnings press release or earnings call on July 29, 2026, as published on Meta's official Investor Relations website (investor.atmeta.com), provides full-year 2026 capital expenditure (capex) guidance with a midpoint or stated figure strictly above $145 billion. - "No": Wins if Meta's Q2 2026 earnings press release or earnings call on July 29, 2026, as published on Meta's official Investor Relations website (investor.atmeta.com), provides full-year 2026 capital expenditure (capex) guidance whose midpoint or stated figure is $145 billion or below, or if Meta provides no full-year 2026 capex guidance in those materials. Clarifications: - "Above $145B" means strictly greater than $145 billion. A guidance range (e.g., $140B–$150B) is evaluated by its midpoint; if the midpoint is exactly $145B it does not qualify as above. - Capex guidance refers to capital expenditures as defined and labeled by Meta in its official earnings materials (typically "capital expenditures" or "purchases of property and equipment"). Guidance for a sub-period (e.g., only H2 2026) does not constitute full-year guidance. - If Meta issues a correction or update to its July 29 guidance before the market's settlement time, the most recently published figure from investor.atmeta.com is used.
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