Meta被低估；鉴于相对于未来AI收入潜力的低远期市盈率，正在增持。

This looks like another major legal hurdle facing one of the big technology companies, similar to what just happened with Meta. Then we will take a look at all of Meta's new releases and launches regarding their new artificial intelligence. They have been rolling out their products like crazy, and it seems the stock is starting to respond well.

Here you can see all the holdings within QMVP, most notably Microsoft, Apple, Amazon, Broadcom, Nvidia, Google, and Meta.

As we just saw with Meta, the numbers in the headlines usually don't reflect what's really happening, and often don't even come close.

So, just as with Meta , I think the biggest potential cost here might be a change in the algorithms and how the platform works, not necessarily a multi-billion dollar fine.

Now, let's move on to discussing "Meta", because, as I said, there are a lot of updates related to "Meta" that I want to share with you. Well, the first screenshot here looks rather funny to me because it shows that people expect Meta to surpass Google to become the world's largest advertising company. They also expect Meta to generate $316.4 billion in advertising revenue by 2028, compared to $298 billion for Google.

But the main point here is that I'm now seeing a lot of posts on social media saying that Meta will surpass Google in terms of advertising revenue this year. The reason I find this funny is that I've been saying this for months here on my channel.

As you know, if you are a regular follower of my channel, I follow up with all advertising companies after each quarterly report. I track advertising revenue for Google, Meta, and Amazon to see trends, how fast they are growing, and which company is adding the most advertising revenue.

For a period of time, I think over the past 18 months, Meta was by far the fastest-growing advertising company . You can clearly see in this graph, which I continue to update here on my channel every quarter, that Meta is narrowing the gap with Google's advertising revenue very quickly.

Ultimately, I think Meta is doing a great job of continuing to attract advertising money, and for a while now, it has been the fastest growing and most attractive advertising money provider compared to Amazon and Google.

Okay , let's move on to the next screenshot now. This report suggests that Meta may launch its first consumer agent, named "Hatch," within the next few weeks. Hatch is said to be a highly dedicated agent that can complete tasks for users such as booking appointments, shopping online, or even finding a dog sitter. Hatch will be able to accomplish tasks for Meta app users, meaning the company is trying to launch a dedicated AI agent for more than 3 billion users worldwide.

There is also speculation that there may be a subscription that costs up to $200 per month for the highest tier. So , if this is true, it could open up a huge new revenue stream for Meta and really get them into the subscription business.

Now we move on to the next screenshot. This screenshot comes from an expert in the field of advertising. It was mentioned here that he believes business agents will also become part of total advertising spending. This is because these agents will work on behalf of companies to help answer customer questions and ultimately complete sales. This person also believes that artificial intelligence agents will become a multi-billion dollar industry.

This expert has a committee of about 300 advertisers. The number of advertisers using Meta's experimental AI agent program has risen to 45, up from 30 a short time ago. So they saw an almost 50% increase among their 300 advertisers who started using Meta's AI agent platforms. They also say that more of their larger companies have started using it as well. Therefore, it appears that the adoption rate is increasing and that companies are impressed with Meta's AI business agents who specifically work on WhatsApp.

I think this is a good initial response from an expert in this field. Okay, let 's move on to the next screenshot. This is a chart I found currently trading on the X platform, showing Meta revenue per employee. You can see that this metric has doubled since the first quarter of 2023. So, Meta is generating significantly more revenue per employee, indicating that it is gaining efficiencies and revenue from using and leveraging artificial intelligence .

I think this indicates that there is a meta return on investment in artificial intelligence, and in the long run, I believe that its profit margins will continue to expand because it generates much higher revenue per employee. I believe this will ultimately lead to operational efficiencies in the future.

Okay, let's move on to the next news item. Mark Zuckerberg also announced on X that "Muse Code" is now out of beta and people can start using it. This is Meta's programming model, and it puts it in direct competition with Anthropic's "Cloud" and OpenAI's "ChatGBT " programming models.

We will have to see how this plays out over time, but it appears they will also be charging subscriptions for their programming models , which could be another source of income that pushes them further and further into the subscription space.

Moving on to the next screenshot, Meta has also launched a new audio model that copies sound and is at the forefront of these technologies. It is literally the leading model currently available for converting speech to text. The graph you see on your screen essentially represents the error rate. Therefore, the lower the number , the better, and fewer errors will occur in converting audio to text. You can clearly see that Meta is now leading the way . Their new "Muse" model for converting speech to text is at the forefront of the technology.

Turning to the next screenshot. This screenshot shows us where Meta's new image generation model stands in terms of performance versus price. Basically, quality versus price. You can see that the new Meta model generates high-quality images for just one cent. The quality-to-price ratio has become paramount and is leading the field as well.

You can imagine how useful this model is for advertising businesses in Meta, helping small businesses create ads to use on Meta platforms. In general, Meta releases new models that are either at the forefront or very close to it. It seems to be releasing new models daily, at least based on what I see on my X platform account.

Furthermore, Meta is launching several new subscription offerings for businesses and consumer agents, image generation, and programming models. These are all entirely new revenue streams for the company that it can distribute to more than 3 billion daily active users .

In my opinion, Meta's share price doesn't take into account any of this future revenue potential because it's already discounted for the current business, with Meta trading at a forward price-to-earnings ratio of 18.

This is the ultimate reason why I've continued to buy a lot of Meta's shares over the past few months and make it a larger part of my portfolio, because I don't think I'm paying for all of the future potential we've talked about.

Again , simply because I believe that current business is already undervalued in today's market.