Meta Platforms' (NASDAQ: META) latest earnings report made one thing abundantly clear: the firm’s advertising business is by far its most important growth driver. That business is operating at a pace not achieved in years. However, with the firm expected to spend somewhere around $125 billion on capital expenditures in 2026, other growth drivers do need to come into the fold.
During its earnings call, Meta provided new information on its non-core business ambitions. While AI-enabled advertising is pushing the Magnificent Seven company forward today, these non-core operations are meant to do so tomorrow.
