META

Another stock looking to rise, folks, and try to reach its all- time highs is Meta. Look at this rise in Meta stock after a strong breakout, then a correction, then a bounce. This is a tremendous height, similar to a SpaceX rocket launch from Florida.

We see a huge leap on the graph. Note that I will switch to the weekly timeframe so that you can see this parallel channel more clearly. We have highlighted this channel and captured most of the price movement since December 2023.

The price deviated from the bottom, but it resisted and came back strongly to rise. We are now very close to its all- time high, having reached a high of 796.25.

Meta's Muse was really the story of the day. rallying tech, helping tech to push up higher.

This is our communication services sector. This is where Facebook and Google are. And we're just kind of testing this here.

Uh, Meta, Meta, here we go. 726 to 733.

Meta strong. Okay. I can't watch everything. Yeah.

I do like Meta for the long term. I I do think Meta's I do think Meta is going to make a real secondary move following that 80 point spike. It's in consolidation right now, so it's it's something we have time for.

But the timing of that, which came two days after Meta's stock skyrocketed due to the launch of Muse, is odd.

Mark Zuckerberg, who launched Muse. And remember when we all said, "Oh my God, they're leasing data centers and they don't have their own product; it's going to be a disaster."

Meta's stock plummeted, which I had bought, by the way, because it was oversold . Then he announced Muse, saying, "We hadn't talked about this, and we hadn't launched it because we didn't want to launch it until we knew exactly what the product was and until we had resolved all the safety issues."

Then they launched it in a way that was uncharacteristic of Zuckerberg. He changed his approach, and now he's slower than usual. That's the right way. And I respect that.

And I will explain why I believe that Google and Meta are the two companies best positioned to win in the field of artificial intelligence.

During this period, Mark Zuckerberg underwent a radical transformation. It spent tens, if not hundreds, of billions of dollars on data centers, purchasing processors, and training its models, using its employees and monitoring the smallest details of their work to learn from them.

He went so far as to completely change the direction of his company and dedicate Facebook and Instagram's resources to becoming leaders in artificial intelligence.

This might be The agent is affiliated with Meta. Or Muse, or any other agent. Although OpenAI launched Her agent yesterday, and it seems It focuses more on Corporate clients, which Good for Meta.

And from Interesting Also, that this was Part of the hypothesis The positive aspect of Meta is that It has a distribution network Widely available to consumers The final one is not owned by any Almost another company.

So it is simply in Best position to launch a product Like Muse in the market And to benefit from it.

We held investor days for Brookfield, Meta's stock rose by about 30%, and Meta hosted a "Connect" event.

Meta's stock has risen by about 30% from its lowest point last month, and many have asked me whether the stock looks too expensive now, whether it is no longer a buying opportunity, or whether it is time to sell.

Today , I will talk about AMD, Broadcom, Amazon, Meta, and Nvidia. Amazon, Microsoft, Google and Meta are spending billions to build data centers, buy chips and secure electricity.

We can see recently how high Meta's stock has risen, and Meta relies mainly on advertising revenue.