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Did Meta's Connect Event Reveal a Visionary or Distracted Company? Why Stock Investors Should Care.

Meta has poured a boatload of money into its metaverse vision. Meta Platforms (META 0.90%) held its annual Connect Event toward the end of September, with wearables, mixed reality, and artificial intelligence (AI) the main focus of the event. The company's Orion augmented realty (AR) glasses held the spotlight; however, there are currently no plans to sell them. That left investors wondering whether the company looks visionary, or simply distracted by side projects. CEO Mark Zuckerberg has been criticized i ...