Earn Your Leisure

In this clip of Market Mondays, hosts Rashad Bilal, Troy Millings, and Ian Dunlap dive deep into the financial whirlwind surrounding Meta's recent $45 billion loss in its Metaverse division. The discussion unfolds as they analyze Meta's stock drop following its earnings report and the strategic shift towards increased AI spending amidst uncertain futures. Despite the financial setbacks, the hosts also explore the resilience of Meta's core businesses like WhatsApp and Instagram, and the potential gains from its new AI investments. Join us as we unravel the complexities of investing in futuristic technologies and the rollercoaster of market reactions. *Timestamps:*00:00 - Introduction to Meta's $45 billion loss00:34 - Overview of market cap impact00:40 - Ian's take on Meta's performance and market response01:50 - Examining Meta's financial numbers and future outlook02:42 - Why Meta's AI investment could be different from Metaverse03:15 - Risks and rewards of investing in future i