Mark Zuckerberg Is Making a Wild Bet on AI -- and It's Best Summed Up in This Single Quote

Shares of Meta Platforms (NASDAQ: META) took a big hit following the social media company's most recent earnings report, when Meta forecast massive spending growth (measured by both expenses and capital expenditures) in 2026. The commentary on spending growth marks a good time for investors to take a step back and reassess whether the company's growth strategy is sensible or too risky.Sure, in the meantime, the company is firing on all cylinders. But with capital expenditures rising more than 100% in Q3 and expense growth expected to accelerate next year, the earnings growth algorithm is about to shift dramatically. Now investors will have to trust in Meta founder and CEO Mark Zuckerberg's vision -- because the sheer size and speed of the tech giant's infrastructure and AI (artificial intelligence) buildout means that the company is shifting into a period in which it's sacrificing profitability today in hopes of bigger profits later.Fortunately, Zuckerberg has some contingencies if the best-case scenario for AI's long-term potential takes longer than expected or fails to materialize.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool