Meta Platforms Stock (META)

* And now, somehow, it looks like Leopold “Slim Shady” Aschenbrenner is back … I cannot help but chime in on the latest “AI will end the world” issue, and Anthropic’s and OpenAI’s attempt to turn this into a competitive moat and monopoly for themselves by regulating the competition (Open Source) into irrelevance. It is interesting how quickly …

JPMorgan upgraded Meta Platforms ($META) to overweight from neutral, citing upside potential following the social media giant’s launch of its AI assistant. The firm also boosted its META price target to $820 from $640. “Meta is in the early stages of releasing frontier models and AI-driven products beyond advertising, notably Muse AI agent and Meta …

Wednesday was another tough day up and down Wall Street. Crude oil was up almost 4%. Treasury yields continued to rise. Oh, and equities ended up getting slapped around a bit. The S&P 500 gave back 0.48% for the regular session while the Nasdaq Composite surrendered 0.64%. Yes, yields still went the wrong way despite the fact that the U.S. Treasury Department announced …

It looks like Broadcom ($AVGO) is already back for another fix. It really makes me wonder how there is enough savings in the world to do this, although the Treasury market is telling you there isn’t: Broadcom CDS Explodes As It Seeks Up To $100 Billion In Massive Off-Balance Sheet Debt Deal At any rate, …

The following is quite an exposition of some of the trickiest financing, ratings sleight of hand, and hidden leverage and exposure I have ever seen. You must read it. It is, in my mind, undecipherable…unforecastable although I do think that technological obsolescence is a clearly present and un-sizable risk – to both the debt holders and META …