D.A. Davidson's Luria on Meta's acquisition of Manus: It can be a moneymaker for the tech giant
Meta is striking a deal to acquire AI startup Manis. It creates AI agents that it sells to small and medium-sized businesses or at least they are the users of these agents. Joining us now, Gil Laura, DA Davidson, managing director has a buy rating on Meta Meta, excuse me, price target of 8.25%.I don't know how much you knew about this company coming into today, Gil, but I'm going to rely on you to sort of give me a sense as to what it could mean for Meta. Obviously, at $2 billion, it's not a large acquisiti ...