Meta: Are humanoid robots reshaping the tech giant's AI narrative?
Meta Platforms stock (META) extends its record winning streak to its 20th consecutive session, having climbed over 23% in the past month. Third Bridge Global Sector Lead for Technology Media and Telecom Scott Kessler discusses Meta's winning streak and its new investment in AI-powered humanoid robots with Julie Hyman and Josh Schafer.
"As someone that hasn't really thought much about valuation for a while at this point, but it's fair to say that there's a lot of momentum here. I think there's a lot of positive, fundamental underpinnings that people are interested in and focused on," Kessler shares.
The tech analyst goes on say that while Meta has experienced various "mixed successes" in its consumer products and Reality Labs segment, the tech giant's new robotics venture is "something that's interesting to some people."
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Luke Carberry Mogan.
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