Cathie Wood Buys Into Struggling Meta | Business and Finance News

Cathie Wood’s bold move into Meta Platforms shares signals a contrarian bet on AI-driven growth, despite the social media giant’s 17% year-to-date slide and investor concerns over costly infrastructure spending. Known for backing disruptive tech like AI and robotics, Wood sees Meta’s struggles as a buying opportunity — though analysts urge patience until July’s earnings report reveals if AI investments translate into real profits. This play underscores the tension between visionary risk-taking and cautious, results-driven investing. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9d9062ef2a09d6bc