Wire flash
FinanceKalshi traders see Meta earnings call focused on smart glasses, cloud; social policy likely avoided
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Meta is set to report earnings after market close on Wednesday, and traders on the prediction market platform Kalshi believe the company will focus its conference call on its Ray-Ban Meta smart glasses and cloud computing push, while avoiding social media policy debates. According to Kalshi's 'mentions market,' traders place 90% odds that Meta management will say 'cloud,' following reports that Meta is building a cloud infrastructure business. There is a 74% chance of mentioning 'Ray-Ban,' after Meta debuted a lower-priced smart glasses model with EssilorLuxottica. Traders see a 61% chance of discussing 'silicon' (chips), but only 27% odds for mentioning 'Hyperion' (Louisiana data center). Social media policy topics like 'age verification' have just 15% odds, and references to 'prediction market' or 'Kalshi' stand at 20%, despite reports that Meta considered building or acquiring a prediction market platform.
Source report
Meta CEO Mark Zuckerberg arrives at Los Angeles Superior Court on Feb. 18, 2026. Jill Connelly | Getty Images
Meta is set to report earnings after the market close Wednesday, and traders on prediction market platform Kalshi expect the Instagram parent to highlight its Ray-Ban Meta smart glasses and cloud push on its conference call, while steering clear of social media policy debates.
Key Topics Traders Expect Meta to Discuss
In a "mentions market" on Kalshi — where speculators place trades on whether specific words will be used during a call or speech — traders assign the following probabilities:
- "Cloud" — 90% odds that management will mention the term. Bloomberg reported earlier this month that Meta was developing a cloud infrastructure business to sell access to raw computing power.
- "Ray-Ban" — 74% chance. Last month, Meta debuted a new smart glasses model at a lower price, developed with Ray-Ban parent EssilorLuxottica.
- "Silicon" — 61% chance, indicating traders expect discussion of Meta's chips.
Topics Traders Expect Meta to Avoid
- "Hyperion" — Just 27% odds. This is the name of Meta's data center project in rural Louisiana.
- "Age verification" — Only 15% chance, despite the U.K. being the latest country to pursue bans on children using social media.
- "Prediction market" or "Kalshi" — Just 20% chance. Reports in June revealed Meta CEO Mark Zuckerberg directed staff to build a prediction market platform, and NPR reported later the same month that Meta was in talks to acquire Kalshi.
Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Source
US Top News and AnalysisWestern
Part of this Story
Meta Likely to Highlight Smart Glasses, Avoid Social Media Policy on Earnings Call: Kalshi Traders