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Meet the Monster Stock That Is Beating the Market
The euphoria surrounding "anything AI" has now come to an end. Wall Street is no longer just buying stories from all artificial intelligence (AI) companies. Instead, investors are now rewarding stocks with strong fundamentals and execution capabilities, and staying away from those with speculative technologies and no deliveries.Even many AI-powered technology giants, such as Microsoft and Amazon, have come under pressure in the current challenging market environment. However, Meta Platforms (NASDAQ: META) has managed to stand apart, driven by its exceptional scale and geographic reach, impressive pricing power, and ability to monetize advanced AI technologies.Image source: Getty Images.Continue reading
The euphoria surrounding "anything AI" has now come to an end. Wall Street is no longer just buying stories from all artificial intelligence (AI) companies. Instead, investors are now rewarding stocks with strong fundamentals and execution capabilities, and staying away from those with speculative technologies and no deliveries.
Even many AI-powered technology giants, such as Microsoft and Amazon, have come under pressure in the current challenging market environment. However, Meta Platforms (NASDAQ: META) has managed to stand apart, driven by its exceptional scale and geographic reach, impressive pricing power, and ability to monetize advanced AI technologies.
Image source: Getty Images.
