Meta Platforms' shares have plunged over 10% this week to around $608 following Q1 2026 earnings that beat estimates with 33% revenue growth to $56 billion, driven by strong advertising and user engagement across Facebook and Instagram platforms. However, the market punished sharply elevated capital expenditure guidance—potentially $60 billion—for AI infrastructure, including data centers and large language model training to compete with OpenAI and Google, reigniting fears of margin compression amid Reality Labs losses. With only Friday's trading session remaining and shares well below the $610 threshold, traders price in near-certainty of a sub-$610 weekly close. A dramatic rebound would require unexpected positive AI breakthrough news or broad market rally, though historical post-earnings volatility suggests limited upside potential.