Meta Platforms, Inc. (META) Grew Revenue 28% as AI Usage Surged: Is More Upside Ahead?

What happened: Liontrust GF Global Dividend Fund's Q3 2026 letter cited Meta Platforms (NASDAQ:META) as its second largest contributor, noting revenue growth and a 60% rise in daily Meta AI users. Key numbers: Fund returned -0.6% in Q3 2026 vs 1.6% for MSCI AC World Index; 16.0% year to date vs 13.0%. Meta revenue grew 28% to $60.8 billion. Why it matters: The letter says sentiment turned quickly: the market penalized one-off legal and severance charges in July, but the shares recovered through September as Meta launched Muse, its first consumer AI agent. Market: -0.4% today ($638.76), -1.6% YTD, 0.3x vol — as of 18:03 UTC

Liontrust GF Global Dividend Fund's Q3 2026 letter cited Meta Platforms (NASDAQ:META) as its second largest contributor, noting revenue growth and a 60% rise in daily Meta AI users.

The letter says sentiment turned quickly: the market penalized one-off legal and severance charges in July, but the shares recovered through September as Meta launched Muse, its first consumer AI agent. Market: -0.4% today ($638.76), -1.6% YTD, 0.3x vol — as of 18:03 UTC