Meta made money from AI early and is likely among the first of the Great Seven with an extensively AI-driven consumer product, with positive effects already showing. Its coming update on Muse adoption and its ability to profit from that business could be a positive driver for the markets.
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“CRWV Rebound Pulls Bulls Back to AI Trade; META, TSLA & SPCX Earnings This Week”
Schwab NetworkPublished Oct 19 · 2 passages
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Is it all about the performance of companies like "Meta" and perhaps "Tesla"? What is your opinion? I also think that "Meta" might give some cause for optimism regarding AI trading.
They were able to make a profit from this business early on. They are likely among the first companies in the "Great Seven" to have a consumer-oriented product that leverages artificial intelligence extensively.
We are witnessing some positive effects from this.
We will also get an update from them regarding the adoption rate of "Muse" and their ability to generate profits from this business as well. Therefore, this could actually be a positive driver for the markets.
Watchpoints
Muse adoption rate and Meta's ability to generate profit from that business in the upcoming earnings update
What this channel has said about $META
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