Meta's AI Gamble Pays Off: Zuck's Money Pit Becomes Gold Mine

Remember those raised eyebrows when Meta announced its massive AI spending spree? Well, who's laughing now? Certainly not the skeptics, as Meta's stock jumps 4% post-earnings, marking its ninth consecutive quarter of beating Wall Street's expectations.

Analysts Gone Wild

Nearly 20 analysts are practically tripping over themselves to raise their price targets, projecting an 18% upside from the current $598 per share. Meta's bold move to pump up its 2025 capital expenditure to between $64 billion and $72 billion has turned these number-crunchers into cheerleaders. That's quite the upgrade fr...