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    Today's letter · Oct 24

    Meta Just Burned Cash for the First Time in a DecadeRead it
    Dylan Jovine, Founder & CEO of Behind the Markets

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    October 24, 2026

    Meta Just Burned Cash for the First Time in a Decade

    Dear Reader,

    Good morning. Happy Saturday! I hope you’re getting some rest this weekend. After the week we just had, we all earned it. But first, let’s talk about Meta. On Wednesday night, Meta reported its third quarter.

    Dylan Jovine

    Founder & CEO

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