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Meta's AI Spending Broke The Stock — But The Bulls May Be Ready To Return

Meta Platforms Inc's (NASDAQ:META) sell-off is starting to look less like a verdict on its future and more like a classic case of investors overreacting to a spending binge. The stock is now trading at its lowest forward earnings multiple since the 2022 market bottom.Track META stock here.Wall Street expects the company to compound earnings at more than 15% annually for the next three years. For bullish investors, that disconnect is the entire story: Meta's AI capex may have broken the stock in the short te ...