“Meta has lost ~9% over the past year as its massive AI infrastructure spending weighed on returns, a stark contrast to peers who opted out of the capex race and surged nearly 50%.”
“Where would $META trade today if Zuck pulled a Tim Cook and decided to opt out of the capex race?”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.