Meta reports first-ever slight decline in daily active users in Q1 2026, citing disruptions in Iran and Russia.

Markets have closed for the day, and Meta is out with its earnings report. The company behind Facebook and Instagram beat EPS and revenue expectations to start its 2026 fiscal year. Meta’s Q1 2026 earnings report was published this afternoon.

The European Commission is inching closer to fining Meta for violating the Digital Services Act based on the preliminary findings of an EU investigation, The Financial Times reports. According to the Commission, Instagram and Facebook may have breached the DSA by failing to adequately prevent minors from using their respective platforms.

Instagram and Facebook parent Meta beat on the top and bottom lines last quarter but the stock dipped over 5% on market jitters over expanding capex, which the company anticipates in the $125-145 billion range this year.

During the Q1 2026 earnings results conference call, Zuckerberg specifically called out the success of its smart glasses products.

Facebook parent company Meta on Wednesday announced a further ramp up in its spending on artificial intelligence (AI) infrastructure, sending its shares down by about 6% in after-hours trading. For the current year,