Meta shares are down 9% this week. Here's why Mike Khouw is buying now
Source: CNBC ·
Meta shares just had their worst week in four years. Here's why Mike Khouw is buying now
From the source
Size is a relative matter. The standard Manhattan apartment would seem almost claustrophobic compared to the vast expanses offered by suburban living. A similar dynamic is playing out in the market. Mega-cap companies are generally defined as those with market capitalizations exceeding $200 billion. Of course, the largest companies are another order of magnitude larger than that. For example, Meta, which reported stellar earnings this week, has a current market capitalization of $1.65 trillion. But concerns about its AI buildout expenses wiped $135 billion from its market cap in just four sessions, or put another way, roughly the value on and entire Uber. Market cap is one way to understand how big these companies are, but another is by examining the size of their operations, and their opportunities. Meta's personal AI agent is designed to be more of an active digital assistant than a conventional conversational chatbot. Muse can open browsers, fill out forms, send emails, schedule…