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Benzinga
Benzinga
Business
Surbhi Jain

Meta's AI Arms Race Is Killing Sentiment—And That May Be Just What Bulls Want

Meta Nasdaq Nvidia Meta AI Google
Jakarta,-,July,18,2024:,Meta,Ai,Icon,Seen,On,Smartphone

Meta Platforms Inc (NASDAQ:META) just suffered its fourth straight losing month, slipping 1.6% in November and leaving investors wondering if the AI trade has run out of steam. But beneath the red ink sits a narrative the bulls won't shut up about: Meta's stock is falling because its AI ambition is exploding.

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