It’s the dog days of summer. There are a couple of biotech conferences coming up, but not much else is happening. As for Meta Platforms Inc. (META), it’s on the leading edge of Artificial Intelligence (AI) because it’s still run by its founder and he has a majority of the voting shares, highlights Michael Murphy, editor of New World Investor.
The floodgates open with earnings reports through August – not to mention the next Federal Reserve meeting and the first guesstimate on June quarter GDP on July 30. The market analytics firm Vanda Research says retail investors bought $155.3 billion worth of stocks in the first half of 2025. That was a record for the first half of any year.
Yet the major sentiment indicators are a long way from overwhelmingly bullish and there still seems to be a large amount of cash on the sidelines. It looks to me like the easy money has been made. Over the next few weeks, I’m going to review all the buy limits and target prices for the market environment going forward.
What about META? Bloomberg reported that Apple Inc.’s (AAPL) top AI executive, Ruoming Pang, is leaving for Meta’s new Superintelligence Labs team for a compensation package worth millions of dollars per year. Zuck is poaching top talent from Scale AI, OpenAI, Google, and other companies to become the leader in AI.
Recommended Action: Buy META.
