Bloomberg Daybreak: US Edition
Instant Reaction: Meta's Outlook Spooks Investors
Apr 24, 2024
Jon Erlichman and Mandeep Singh discuss Meta Platforms Inc.'s increased spending and below-expectation sales, sparking investor concerns. They analyze Meta's stock performance, AI investments, market response, user growth, advertising ecosystem, and investor expectations.
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Quick takeaways
- Meta's increased spending and lower sales forecasts raise doubts about futuristic tech bets' payoff.
- Ireland's high number of STEM graduates and IDA support make it ideal for international business growth.
Deep dives
Investment Opportunities in Ireland
Ireland boasts the highest number of young STEM graduates per capita in the EU, offering a pool of skilled individuals for companies. IDA Ireland, the National Investment Development Agency, supports companies in finding and nurturing talent for international success. With a focus on internationalization and growth, Ireland provides a favorable environment for companies aiming to expand.
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