Meta’s AI CapEx Is Not A Growth Bet - It’s A Defensive War For Relevance (NASDAQ:META)

In this article, we argue that Meta Platforms, Inc. ( META ) investments in AI are not visionary growth investments that the market currently prices them to be, but rather a reactive defensive moveI started my career in asset management one year before the GFC. Since then, I have accumulated knowledge and extensive experience in financial analysis and portfolio management of equity, government bond, corporate bond, and money market funds. Fascinated by psychology and the way we make investment decisions. Pa ...