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Even Mark is jumping on the stablecoin bandwagon. Will it end up being just a meme coin like dodge coin? Time will tell.
And he is putting his own spin and offering consumers an open model AI as well, which was initially hastened by IPO of CXMT in China. I definitely think major US companies are feeling the pressure from China to scale their improvements on AI software, as they are definitely losing on cost effectiveness and pricing structure.
With META being beaten down post earnings d/t less than favorable earnings announcement because of its spending on fighting law suits, I see a opportunity to go long on this stock. Is META ever going to go bankrupt? Unlikely, not impossible but unlikely. So I am bullish on META, on evidence of a Put spread done yesterday. [Applaud]
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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- breezzi·08-12 02:12TOPI added on the dip too — lawsuits hit near term, but the AI ROI is what matters. Open model plus Meta's scale still looks underpriced to meLikeReport