Davis Asset Management Increases Stake in FB Financial Shares
Davis Asset Management Investment: Davis Asset Management acquired 619,236 shares of FB Financial Corporation, valued at approximately $34.5 million, representing 1.2% of its assets under management as of September 30.
FB Financial Overview: FB Financial Corporation, a regional bank based in Nashville, Tennessee, offers a diverse range of financial services through its FirstBank subsidiary and has been expanding its operations, including a recent acquisition.
Market Performance: Over the past year, FB Financial's stock returned 4.7%, matching the S&P 500's performance, but has shown increased momentum since April, despite uncertainties in interest rate trends.
Investment Insights: The article highlights the potential for value investment in FB Financial, suggesting that Davis Asset Management anticipates positive future performance for the bank amid a competitive banking environment.
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Meta Platforms Forecasts $135 Billion Capex for AI in 2026
- Significant Revenue Growth: Meta Platforms reported a 24% year-over-year revenue increase to $59.9 billion for the quarter, with full-year revenue surpassing $200 billion, reflecting strong performance in its advertising and app businesses, thereby reinforcing its market leadership.
- Capex Forecast: The company anticipates capital expenditures to reach between $115 billion and $135 billion in 2026, representing a 73% increase from 2025, primarily driven by investments in Meta Superintelligence Labs and its core business, showcasing its strong commitment to the AI sector.
- Impact on AI Industry: The substantial increase in Meta's capex is likely to positively affect the AI industry, particularly benefiting partners like CoreWeave, which could enhance their market performance and accelerate the application and development of AI technologies.
- Positive Market Reaction: Following the earnings report, Meta's stock rose 8% in after-hours trading, indicating investor optimism regarding the company's growth potential, especially in light of accelerated AI investments, significantly boosting market confidence in its long-term strategy.

Meta's Earnings Beat Expectations, Analysts Raise Price Targets
- Strong Earnings: Meta reported fourth-quarter earnings of $8.88 per share and revenue of $59.89 billion, both exceeding market expectations, indicating that AI-driven advertising monetization is alleviating concerns over rising operating and capital expenditures.
- Robust Guidance: The company expects first-quarter sales to range between $53.5 billion and $56.5 billion, significantly above the consensus estimate of $51.41 billion, suggesting strong growth momentum in its advertising business that reinforces its market position.
- AI Investment Returns: Despite a $6.02 billion operating loss from Reality Labs, analysts remain optimistic about Meta's AI investments, believing that the growth in its advertising business will offset these losses, with benefits from AI expected to materialize by 2026.
- Analyst Optimism: Several Wall Street analysts raised their price targets for Meta, with Barclays increasing its target to $800, implying a 20% upside, reflecting confidence in Meta's long-term growth potential.









