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Meta Platforms ups the ante in the AI race, and Wells Fargo sees 'green shoots' in a key business


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Published in Stocks and Investing on by CNBC   Print publication without navigation

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

On June 10, 2025, CNBC reported that Meta Platforms is intensifying its efforts in the AI race, with significant investments aimed at enhancing its AI capabilities across its suite of products. The company's focus on AI is seen as a strategic move to stay competitive against other tech giants like Google and Microsoft. Additionally, Wells Fargo has identified promising developments in one of Meta's key business segments, suggesting potential growth and profitability. This positive outlook from Wells Fargo underscores the confidence in Meta's strategic direction and its potential to leverage AI for future success.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/06/10/meta-platforms-ups-the-ante-in-the-ai-race-and-wells-fargo-sees-green-shoots-in-a-key-business.html ]

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