Reported 2 days ago
As discussions about a potential AI bubble increase, with prominent figures like Jerome Powell and Jeff Bezos expressing concerns, Meta's stock performance has prompted speculation on its viability. Despite rising expenses associated with AI investments, Meta reported a 22% increase in revenue, driven by AI efficiencies, and still presents an attractive investment opportunity given its position in the market. Current valuations suggest Meta isn't in bubble territory, encouraging investors to consider the stock for future purchases.
Source: YAHOO