Meta's stock takes a hit after disappointing revenue guidance, wiping out $173 billion in market cap. Despite strong first-quarter revenue of $36.46 billion, heavy investments in non-profitable areas like AI and mixed reality concern investors. However, analysts believe AI investments could pay off in the long term, enhancing app engagement and ad value. With over 3.2 billion daily users and strong US growth, Meta maintains a competitive edge. The company's focus on hardware, like AI-powered glasses, indicates a strategic shift. They've raised their full-year capital expenditure forecast to $35 billion to $40 billion, signaling continued investment in growth.
https://linktr.ee/RobBlack.
#short #shorts #shortvideo #shortsvideo #trending #stocks #stockmarket #stock #market #finance #investing #investment #latest #fed #interestrates