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META AI Strategy: Too Much Spending, or Just Right?

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Manage episode 491713418 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Angelo Zino and Ahmed Khan break down Meta’s (META) AI strategy. “Meta’s a name you stick with,” Angelo says, arguing there are ways for it to monetize AI. Investors will get more clarity on their AI strategy in the next 6-9 months, he thinks. Ahmed is targeting $770/share for META and is “all for” its huge push into AI spending as long as it improves the core product: digital advertising. However, he warns that Meta has been known to spend in the wrong direction, like with the Metaverse.

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5679 episodes

Artwork
iconShare
 
Manage episode 491713418 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Angelo Zino and Ahmed Khan break down Meta’s (META) AI strategy. “Meta’s a name you stick with,” Angelo says, arguing there are ways for it to monetize AI. Investors will get more clarity on their AI strategy in the next 6-9 months, he thinks. Ahmed is targeting $770/share for META and is “all for” its huge push into AI spending as long as it improves the core product: digital advertising. However, he warns that Meta has been known to spend in the wrong direction, like with the Metaverse.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

5679 episodes

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