Travis Hoium

Or Instagram?

Instagram.

That may even make more sense now.

It is wild, the name changes that happened during the pandemic.

It seems like executives just seem to have lost their minds for a few years.

Exactly.

All right, John.

So what's real here and what isn't?

Because the Reality Labs has been a ton of spending, but it isn't like they're not spending on some of these future products like the AR glasses and AI.

So what should we actually know about this?

It will be interesting to see how they break things out in the future because they did talk, I think even going back a couple of years, about how some of the spending on AI was falling into Reality Labs.

So it was like they were shifting the focus already, but now are they going to be breaking out AI spending in a different way or is it all just going to be this huge bucket of money?

I don't know that we know the full answer to that yet.

Maybe by the end of 2026, they'll have to change the disclosures.

All right.

We like to end the show with the stocks on our radar.

John, I'm going to have you go first.

What are you looking at this week?

Dan, are you a Celsius drinker?

Thank you.