Meta Platforms ( META 0.07%) is one of the Magnificent Seven tech stocks that have led S&P 500 gains over the past few years.
The position amounts to 10% of Pershing Square's capital as of the end of 2025.
However, given the high spending levels, is the market endorsing a sustainable AI moat or merely pursuing a capital-heavy ...
Meta (META) announced its fourth quarter earnings on Wednesday, topping analysts' expectations on the top and bottom lines. The company also provided its 2026 capital expenditures guidance, saying it ...