TradingKey – Meta Platforms (NASDAQ: META) fell 0.55% to end the day at $705.44 on Monday, October 19. It also lost 3.72% on Friday. The stock has been trending lower from its September highs in the $780 range as the broader market sold off on rising debt concerns and signs of possible recession.

My focus is more on two things that are likely to happen in the future: 2027 capex, and more traction by the company’s Muse AI agent. I believe the catalyst has been set. The company is scheduled to announce its Q3 earnings after the market close on Wednesday, October 21, with the company call set for 4:30 p.m. ET.