The $META+0.4%results are great, but what about the Reality Labs segment? Do you trust it? For now, it's just a money incinerator. As of the end of 2020, the Reality Labs unit has generated cumulative losses of approximately $50 billion!
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The Trade Desk: Innovative Leader in Programmatic Advertising
The Trade Desk $TTD-0.6% is a technology company that specializes in programmatic advertising. It offers a platform that enables advertisers and agencies to effectively manage digital advertising campaigns across multiple channels, including mobile, video, audio and connected TV. The platform leverages real-time...
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Mark Zuckerberg said $META'+0.4%squarter was a success and Meta AI has the potential to become the world's most used AI assistant by the end of the year. Those are pretty bold words. Who do you think is currently leading the way in terms of AI and AI assistants?
Meta
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It's hard to say, it's all still relatively early days, so I don't want to judge. I think it's still pretty even and time will tell who is asleep and who is leading.
It's simply a bet on the future. If it works, it will come back quickly, but for now, shareholders will have to suck it up.