Meta Platforms inventory (META) extends its report successful streak to its twentieth consecutive session, having climbed over 23% up to now month. Third Bridge International Sector Lead for Know-how Media and Telecom Scott Kessler discusses Meta’s successful streak and its new funding in AI-powered humanoid robots with Julie Hyman and Josh Schafer.
“As somebody that hasn’t actually thought a lot about valuation for some time at this level, but it surely’s honest to say that there is numerous momentum right here. I believe there’s numerous constructive, basic underpinnings that persons are interested by and centered on,” Kessler shares.
The tech analyst goes on say that whereas Meta has skilled varied “blended successes” in its shopper merchandise and Actuality Labs section, the tech large’s new robotics enterprise is “one thing that is fascinating to some individuals.”
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This submit was written by Luke Carberry Mogan.
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