Is Meta Stock a Buy After Its AI Spending Spree?

Meta is better suited for long-term investors who can ignore high volatility in the short run.Social media giant Meta Platforms (META +0.11%) is aggressively investing in the buildout of artificial intelligence (AI) infrastructure, including AI data centers, servers, and network infrastructure. The company guided for fiscal 2025 capital expenditures of $70 billion to $72 billion, up from the previous estimate of $66 billion to $72 billion and significantly higher than the $39.2 billion capex in fiscal 2024. ...