Purcell: Let's start with the stock of the day, which is meta platforms starting off the fiscal year with a bang. The entire company was valued at $200 billion six months ago and is now as we speak, it's up about 14% today. Purcell: Congratulations to meta to no longer being the worst performing fang stock over the last five years. It has been a massive re-rating. Big match this afternoon. I know you're excited for the Everton new castle tie up this afternoon. You've done it.
For the first time in a while, Facebook's parent company gave shareholders reason to smile.
(00:21) Bill Mann discusses: - Meta Platforms starting the fiscal year with a bang - The Reality Labs division posting an operating loss of (gulp) $4 billion - The current state of regional banks and the magic word he's seeing appear in the financial media
(14:25) How much of a threat is ChatGPT to Google's business? In this excerpt from the most recent episode of the Stock Advisor Roundtable podcast, Brian Stoffel talks with artificial intelligence expert Hamza Lebbar and Motley Fool CEO Tom Gardner.
To hear the entire new episode of Stock Advisor Roundtable, click here: https://open.spotify.com/episode/6MWIz55NW99Av1l7w9FrXU?si=05100b2801f84f63&nd=1
Companies discussed: META, GOOG, GOOGL
Host: Chris Hill Guests: Bill Mann, Brian Stoffel, Hamza Lebbar, Tom Gardner Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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