In today’s post:
💰 $18B. And That's Good News
💰 $18B. And That's Good News
Meta just paid $18 billion to make a problem disappear
For a month, Meta got beaten up over two things: regulators and AI spending.
One of those just got solved with a chequebook.
Meta had spooked its own investors by floating the idea it could be on the hook for $1.5 trillion in child safety fines. Then it went to trial against AGs from 29 states, and settled a week later for up to $18 billion.
That is a lot of money…. but not for Meta.
So is a stock at $575 actually cheap now that the scary part is over?
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