META - Meta Platforms Inc.

Meta's Hyperion data center in Louisiana was cited as an example of a $27B debt + $2.5B equity special purpose vehicle arranged by Morgan Stanley, with risk being sold to private credit funds, hedge funds, insurers, and pension funds.

Meta is reportedly preparing to issue tens of billions in new shares, following Google's lead. Stock already dropped 5-9% on the dilution rumor. Faces same concentration and rebalancing risks as other mega-cap tech names.

Meta is mentioned as considering raising tens of billions in a stock offering for data center expansion. It is part of the application layer and is spending heavily on AI infrastructure for its own use through Meta Super Intelligence Labs.

Host has held since 2022. Sees Meta as one of the big three advertising winners (Google, Meta, Amazon). Notes that if Meta sold excess compute like SpaceX is doing, it could be positive. Concerned about dilution from AI capex spending but still views it as a long-term winner.

Listed among the 10 stocks with potential for 15%+ annualized returns over the next 10 years based on Paul's assumptions.

In the 'doghouse' with markets. Rumors of raising tens of billions through dilution. Stock under $600. Host warns about dilution risk — even if selloff happens pre-dilution, they'll dilute more shares. Growth picking up to 30%+ but dilution is a concern.

Despite the recent sell-off, the host sees potential in Meta due to its strong market position and future growth prospects.

Host bought more Meta today. Sees it as a quality name that can be bought when out of favor, following Bill Ackman's strategy. Instagram Plus subscription rollout is a positive development.

Meta is cited as one of the Magnificent 7 AI proxy stocks facing rotation. Also specifically named as one of Broadcom's six core AI customers, linking it to the Broadcom earnings discussion.

One host believes Meta is oversold and should be above $175. They note Meta grew revenue 33% YoY in Q1 and has massive AI compute capacity. The stock is seen as undervalued relative to its growth and profitability.