Wells Fargo cuts Meta Platforms’ (META) price target to $372 from $389. The analyst expects modest revenue acceleration into 4Q and expects below $95B for actual FY24 guidance. They also highlight that investors should look for Capex guide at $34B-$39B. Kevin Green discusses this along with Microsoft (MSFT). It is reported that MSFT is planning to unveil an A.I. chip next month. The A.I. chip move could lessen reliance on Nvidia (NVDA) A.I. chips. Tune in to find out more about the stock market today.