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Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure
Prof G Markets
Impressive Growth and CapEx for META
META has demonstrated remarkable financial performance with a 22% revenue increase, marking the fourth consecutive quarter of over 20% sales growth. Additionally, net income surged by 73%, indicating strong profitability. Daily active users are also on the rise, with more than 40% of the global population engaging with META's platforms daily. Capital expenditures (CapEx) have reached record levels this quarter, with expectations of continued growth in this area, similar to trends observed in Microsoft.
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