📈 Meta's Ad Success with AI 💰 Undervalued "Magnificent 7" Stocks 🤖Your Personal AI Chatbot

How AI Is Helping Meta Shore Up Its Ad Business - Axios

For all the attention garnered by Meta's release of its Llama open source AI models, the company's more essential use of AI has been in leveraging the technology at the heart of its advertising business. While Meta continues to invest in a far-off metaverse, executives over the past two years have shifted more of their investor messaging to focus on ways AI can bolster engagement and monetization to help the company make more money now. -See more.

One 'Magnificent 7' Stock Is Still Undervalued, Morningstar Says — IBD

Alphabet's shares remain undervalued even though the S&P has gained more than 20% this year" Sekera says. And following a monster 39% gain by tech stocks this year, four of the Magnificent 7, Microsoft, Meta, Amazon and Tesla, are fairly valued. And two, Apple and Nvidia, are actually overvalued, he says. More in the article.

Elon Musk's Latest Tesla Promise Could Be Huge For The Industry

If Nvidia Is A Proxy For The AI Bubble, It’s Nearing Its Peak, Morgan Stanley Says — Bloomberg

The bubble in AI stocks is nearing a peak, according to Morgan Stanley strategists, who point to the more than 200% rally by Nvidia Corp. this year. While Nvidia has been the poster-child for the excitement around all-things AI, Stanley says the broader AI benchmarks, like the MSCI USA IMI Robotics & AI Select Net USD Index, have risen far more modestly. See more…

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