[{"data":1,"prerenderedAt":26},["ShallowReactive",2],{"nr-en-meta-ai-capex-analyst-sees-future-revenue-base":3},{"slug":4,"title":5,"dek":6,"date":7,"time":8,"publishedAt":9,"updated":10,"updatedAt":10,"dateFmt":11,"updatedFmt":10,"kind":12,"tier":13,"author":14,"authorName":15,"topics":16,"tracker":10,"trackerLabel":10,"headlineStat":10,"image":21,"ogImage":22,"imageAlt":5,"csv":10,"minutes":23,"words":24,"html":25},"meta-ai-capex-analyst-sees-future-revenue-base","Meta's AI investments: analyst sees capex as future revenue base","David Wagner of Aptus Capital considers concerns about Meta's rising debt overblown and sees no sign of AI spending slowing.","2026-10-22","08:44","2026-10-22T08:44:00+02:00","","October 22, 2026","analyse","standard","ideal-syka","Ideal Syka",[17,18,19,20],"AI investments","Big Tech","Meta","Financial markets","\u002Fnewsroom\u002Fimg\u002Fmeta-ai-capex-analyst-sees-future-revenue-base.webp","\u002Fog-nr\u002Fmeta-ai-capex-analyst-sees-future-revenue-base.en.png",1,125,"\u003Cp>According to a video interview with the financial broadcaster CNBC, David Wagner, portfolio manager at Aptus Capital Advisors, considers concerns about Meta's rising debt overblown. In his view, debt coverage at the large hyperscalers remains strong.\u003C\u002Fp>\n\u003Ch2>Classification\u003C\u002Fh2>\n\u003Cp>Wagner describes the companies' AI investments (capex) as revenue for other companies – a view that sheds light on the debate about the profitability of this spending from the suppliers' perspective. For investors and the Mittelstand, this means: whether these expenditures will pay off later remains, according to this source, an open question. The statement is the assessment of a single analyst and not a substantiated forecast.\u003C\u002Fp>\n\u003Ch2>Sources\u003C\u002Fh2>\n\u003Cul>\n\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.cnbc.com\u002Fvideo\u002F2026\u002F10\u002F22\u002Faptus-capitals-david-wagner-on-metas-ai-spending.html\">CNBC\u003C\u002Fa>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>\u003Cem>Editorially owned by \u003Ca href=\"\u002Fen\u002Fautor\u002Fideal-syka\">Ideal Syka\u003C\u002Fa>. Sources and method: \u003Ca href=\"\u002Fen\u002Fredaktion\">Newsroom & method\u003C\u002Fa>. Tips and corrections: \u003Ca href=\"mailto:ai@i6eal.de\">ai@i6eal.de\u003C\u002Fa>.\u003C\u002Fem>\u003C\u002Fp>\n",1792662012471]