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Meta Platforms Inc (FB2A.MU)
- Yahoo Finance Video
AI tech battle: Pick Microsoft over Meta, analyst says
Big tech companies are all about AI this earnings season. Meta Platforms (META) and Microsoft (MSFT) have spent a lot of money on ramping up their AI offerings, but only one has a stock you may want to consider for your portfolio, according to Visible Alpha Head of TMT Research Melissa Otto. In the latest Good Buy or Goodbye, Otto explains that Microsoft benefits from both a strong demand and a strong outlook for its Azure business. She also likes that it has a lot of potential growth from AI. Otto is less of a fan of Meta. She argues that its higher expense guidance "suggests that the 'year of efficiency' is potentially over." So why is Mircosoft's spending on AI good, while Meta's spending is a concern? Otto says there are two reasons: Meta's expenses have ramped up more than expected and that there is a lack of visibility surrounding those expenses. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Focus on stocks with 'strong demand drivers,' not the wider market
47% of S&P 500 (^GSPC) companies have reported their results so far with nearly four in five beating Wall Street expectations, according to FactSet. Against this backdrop, Advisors Capital Management Partner and Portfolio Manager JoAnne Feeney joins Wealth! to discuss how investors should navigate the market. Feeney notes that earnings results from Big Tech names like Alphabet (GOOG, GOOGL) and Meta (META) have enabled the markets to sustain their upward momentum despite a Federal Reserve rate cut not yet materializing. Many of these companies are "on track to grow" on the back of the ongoing artificial intelligence boom, she adds. Feeney acknowledges that "there's a lot of mixed information coming out of the markets," emphasizing the importance of investing in individual stocks instead of taking a broad approach. Although the Fed hasn't cut rates, she describes it as a "good news story" because the economy remains strong, and earnings continue to grow. "What you have to do is not look at the market as a whole, but look at individual companies with strong demand drivers that are in the right place in the market for how the world is changing," Feeney tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth. Editor's note: This article was written by Angel Smith
- CNN Business
EU investigates Meta over fears of election interference and foreign disinformation
European Union officials are investigating Meta over concerns the company hasn’t done enough to protect upcoming EU elections or to combat foreign disinformation on its platforms, setting up the possibility of steep fines or other penalties.
