Is Meta's Superintelligence The Next Metaverse? Rating Downgrade
While Meta (NASDAQ: META ) CEO Mark Zuckerberg’s Metaverse might’ve cost the company billions in Capex and R&D, and eventually didn’t yield any success, the stock is now up over 760% from its 2022 lows.I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my serv ...