Meta trades at a discount to Magnificent Seven after US$1 trillion AI rally

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Meta Platforms Inc.’s record-breaking, artificial intelligence-fueled rally has added US$1 trillion in market value since its darkest days of 2022, and yet by some perspectives it’s still trading at a discount.

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Markets today: 'Magnificent Seven' power AI-driven stock reboundTech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the U.S. to England and Japan.
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