META Q1 Earnings “shock” makes it ultimate YOLO Play
Posted: Apr 25, 2024
- Institutions are concerned about Meta's increased spending on AI and its revenue forecast - Meta's stock price has taken a hit, offering a potential investment opportunity for those who believe in its long-term growth - Meta is open-sourcing powerful AI models, which could drive future growth - Meta is considered a cash cow and a good buy during election season, even for skeptics of its potential - Not financial advice, but could be worth considering as an investment opportunity
Summarized top reddit comments: - Invest in AI rather than VR play - Meta's stock price drop surprising given their capabilities in AI - Meta has around 4 billion users to leverage for data in AI - Consider buying Meta stock instead of calls if not enough funds - Meta is using AI to boost user engagement for more exposure to ads
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