Wedbush's Igall Arounian says Meta's capex is not translating into results

1. 1Wedbush Internet Equity Research MD Igall Arounian responded to Meta's (META) recent earnings.
2. 2Noted concerns over return on invested capital (ROIC) from AI push as Meta shares fell 7.95%.
3. 3Pointed out on Bloomberg's 'The Close' that capex is not being recouped.

Source Bloomberg · View original ↗

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