As Meta Platforms (META) shares proceed their longest-running winning streak to date, Wall Road is keyed in on the tech giant’s forecasts for $119 billion in capital expenditure (CapEx) spending in 2025.
RBC Capital Markets Fairness Analyst Brad Erickson joins Market Domination to talk extra in regards to the central theme of Massive Tech’s CapEx spending because it pertains to Meta.
“Proper now, we’re all speaking about AI purposes and what these can flip into, ao a variety of that is form of narrative,” Erickson tells Julie Hyman and Josh Lipton. “They [Meta] have the perfect narrative I might argue. And what I imply by that’s when you consider… what brokers may present, consider like a non-public like health coach or one thing as an agent, like there’s actual utility I believe that folks can form of think about on this platform.”
Watch the video above to listen to Brad Erickson touch upon Meta’s platform coverage modifications below the second Trump administration.
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This put up was written by Luke Carberry Mogan.
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