Meta Platforms: The Latest Splurge Is A Bridge Too Far (META)

Meta Platforms, Inc. ( META ) announced one of the largest debt raises in history last week as the company plans to continue its huge artificial intelligence spend. The stock slumped by 12% last week, wiping out moreAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...