Meta Platforms (META) Q4 Earnings: The AGI Capital Pivot as Forward Guidance on CapEx Holds the Key
From Opex Discipline to CapEx Aggression The “Year of Efficiency” in 2023/2024 was characterized by headcount reductions and the flattening of organizational structures. This phase successfully restored investor confidence and drove the stock price recovery. However, 2025 marked the beginning of a new phase: the “AI Arms Race.” Unlike the Metaverse pivot of 2021, which […]

















