Meta, Microsoft Fail to Answer Big AI Question. Tech Faces a Dot-Com Moment and 5 Other Things to Know Today. - Barron's
1. Meta's spending on AI remains high, impacting margins negatively. 2. Weaker than expected guidance raises concerns for Big Tech valuations. 3. Meta's capital expenditures for AI set to increase significantly in 2025. 4. Past investments in the metaverse have not yielded positive results for Meta. 5. Overall sentiment suggests cautious outlook towards AI investments.