Editorial companion

What stands out

On Schwab Network Kevin Hincks argued Meta Platforms (META) will justify its AI spending over the long haul, while Tom White raised healthy skepticism about whether Meta can actually profit from selling excess compute and offered an options trade to illustrate his point. The exchange matters because it puts two real choices on the table, keep spending to build proprietary AI advantage, or try to monetize spare capacity, and shows how traders use options to express different levels of conviction.