I'm not sure this is true. Their metaverse stuff could easily actually be a drag on their share price right now. There's 2 ways to view Meta: The bull case is t

I'm not sure this is true. Their metaverse stuff could easily actually be a drag on their share price right now. There's 2 ways to view Meta: The bull case is that Facebook/Insta absolutely churn out money and that's great, but for future growth their going into the metaverse and they're going to win there and unlock more explosive growth. But there's the bear case: Facebook/Insta absolutely churn out money but they're not growing because the CEO has lost focus on the core business, and share holders aren't going to get to enjoy that money because the CEO who has absolute total control of the company is going to plough all that money into a nebulous new business that's incredibly unlikely to pay off. It could very well be that right now Meta's stock is trading at a discount, because investors are discounting the revenue streams because they don't think it's going to go to share holders. So instead of strangling the golden goose by cutting across the core facebook business, you could massive bring down spend on VR, refocus on your core business and the stock price would shoot through the roof.