Wedbush on Meta: We're Not Seeing Its Capex Pay Off

- EXCELLENT! Meta spent billions on AI rocks, but Wedbush says the shiny new toys aren’t paying rent yet. It’s like buying a hyper-drive for a bicycle. The capex isn’t popping off like it should—ROIC is looking thinner than a relay window in a dust storm. They’re stacking silicon, but where’s the stack-eye? I know that smell. Noodles or a crime? Probably just expensive confusion. We didn't do it like that in Old Beijing; we just wired the router and hoped. Now they’re burning cash on "synergy" while investors check their meat wallets. It’s a delivery of disappointment wrapped in fiber optics. Does anyone have a normal cable? The future is here, but the receipt is missing.