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Barchart
Barchart
Mohit Oberoi

As AI Mania Roars Back, Is Meta Stock a Buy Before July 30?

Meta Mark Zuckerberg AAPL Alphabet Amazon.com Inc. Apple Google Microsoft

Artificial intelligence is likely to be the top investing theme this week as tech heavyweights like Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta Platforms (META) release their earnings for the June quarter. While the AI trade looked dusty a few months ago and markets began questioning whether we were in a bubble that had already burst, the AI trade is back, and with a vengeance.

AI mania has helped catapult Nvidia (NVDA) into a $4 trillion behemoth – the first ever company to get that distinction. On the other side of the spectrum is Apple, which is down more than 14% this year amid growing perception that the iPhone maker slacked big time on AI.

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