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META
Benzinga
204 days

Social Media Drama Shines Spotlight On Direxion's Meta Platforms-Focused Bull And Bear Funds

1. Analysts predict META will benefit from potential TikTok ban. 2. META's price target is set over $666, with optimists aiming for $811. 3. Company plans $65 billion investment in AI infrastructure this year. 4. Political concerns around big tech may hinder META's growth. 5. Direxion ETFs offer leveraged options for traders bullish or bearish on META.

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FAQ

Why Bullish?

Potential TikTok ban could lead to increased advertising revenue for META, similar to past market shifts benefiting firms like Facebook during competitive disruptions.

How important is it?

The article discusses factors directly affecting META's business model and market performance; it’s relevant amidst ongoing industry changes.

Why Short Term?

Immediate impacts are expected from TikTok's legal challenges, but longer-term effects depend on META's performance post-2024 elections.

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