Meta Faces Execution Concerns Amid AI Push

3 months ago

Critty Gupta

"Meta for example was the big loser this morning. Investors are getting a little worried about that spend. We've been here before. We've seen Meta go allin on the likes of the metaverse and weren't fully able to execute it. There are worries now that we're seeing the same thing happen when it comes to their posturing around AI. META is your ticker. $689 a share down about 8.3% and dropping as we speak. Things not looking good there either."

The speaker expresses concerns about Meta's recent performance, highlighting past missteps with the metaverse and similar execution risks now with their AI initiative. The stock is noted as significantly down and under pressure.

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