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Wells Fargo expects Meta profit hit from AI spending and legal costs

Reported · Written up by our desk · Fund Industry

MarketWatch reports that a Wells Fargo analyst flagged a near term profit headwind for Meta tied to AI infrastructure spending and legal costs.

The same coverage says the analyst believes those costs will set up much larger gains by 2028.

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Sources

MarketWatchHow Meta’s stock can surge to $1,000, according to the biggest bull on Wall Street
MarketWatchHow Meta’s stock can surge to $1,000, according to the biggest bull on Wall Street

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