TradingKey – As Meta Platforms (META) continues expanding its AI-powered products, we take a look at the company’s performance so far and where it is heading in the future. META ended October 8 at $720.89, down 0.06% on the day, and down 2.38% the day prior. It is currently valued at around $1.84 trillion.

Although its strong core advertising business continues to fuel the company and increase daily engagement, its infrastructure spending takes away from those positives. In Q2, Meta reported $31.08 billion of capital expenditures, including finance-lease principal payments, which negatively impacted its free cash flow. AI is making suggestions and recommendations better as well as improving ad targeting.