New York, Jan 19, 2026, 09:44 ET — Market closed
- U.S. markets remain closed Monday in observance of Martin Luther King Jr. Day, with traders turning their attention to Tuesday’s reopening.
- Meta ended Friday’s session around $620.25, holding steady as risk appetite cooled ahead of the long weekend.
- Investors are bracing for Meta’s earnings on Jan. 28, looking for new clues on AI budgets.
Meta Platforms (META.O) shares are set to draw attention when U.S. markets reopen Tuesday, following the Martin Luther King Jr. Day holiday break on Wall Street. 1
After U.S. hours, risk appetite took a hit as President Donald Trump threatened to broaden tariffs on several European nations, weighing on U.S. tech stocks listed in Europe. Nasdaq 100 futures, which mirror the tech-heavy index ahead of the cash session, dropped 1.25%. 2
Meta closed Friday’s session slightly lower, down 0.09% at $620.25. After-hours trading saw it tick up modestly to about $620.65. 3
The next major event is just ahead. Meta plans to report its fourth-quarter and full-year 2025 earnings after the market closes on Wednesday, Jan. 28, followed by a conference call at 4:30 p.m. ET. 4
Investors are jittery over capital spending—the funds funneled into data centers and hardware. Just last week, Meta unveiled its “Meta Compute” plan to expand AI infrastructure. CEO Mark Zuckerberg mentioned the company aims for “tens of gigawatts this decade, and hundreds of gigawatts or more over time.” 5
A filing late Friday shed more light on a new executive hire linked to Meta’s expansion. Dina Powell McCormick, set to become president and vice chairman on Jan. 12, will receive a $1 million base salary, a $2 million sign-on bonus, and a bonus target at 200% of her base pay. She’ll also get $60 million in restricted stock units that vest over time, starting May 15. 6
Meta has been making moves deeper into the AI supply chain. The Wikimedia Foundation revealed deals with Meta, Microsoft, and Amazon to use its content for training AI. Lane Becker, president of Wikimedia Enterprise, told Reuters, “Wikipedia is a critical component of these tech companies’ work that they need to figure out how to support financially.” 7
Meta is cutting back on some older projects on the consumer front. According to Engadget, the company will shut down the standalone Horizon Workrooms app on Feb. 16 as part of a wider Reality Labs overhaul. 8
But the tape can still overshadow the story. A sharper risk-off move linked to trade tensions would probably weigh on the entire “megacap” sector, with Meta particularly vulnerable since shifts in ad demand and cost forecasts tend to hit its price fast.
On Tuesday, eyes will be on whether Meta can match the Nasdaq’s volatile moves and how fast the stock attracts buyers following a day off from U.S. trading.
After that, all eyes turn to Meta’s January 28 earnings release — and especially the details on 2026 spending plans and when the company expects returns from its AI investments.
