With rapid developments in the financial markets, staying abreast of the financial world’s happenings is crucial. Over the past week, notable developments included Meta’s product launches and rising US Treasury yields. On Top of Our Mind This Week: Meta’s Evolving Strategy at Connect 2023 Meta Price Chart (Source: Google Finance) Mark Zuckerberg’s recent keynote at Meta’s Connect event marked a significant shift in the company’s strategy, notably downplaying the term “metaverse.” While the metaverse concept has been central to Meta’s identity for the past two years, this year’s event focused more on Meta’s AI initiatives, signaling a potential shift in priorities. Investors should take note of these developments. Firstly, Meta unveiled a range of generative AI tools, emphasizing their integration into popular platforms like Instagram and Facebook. Meta AI, a generative AI assistant, was introduced, capable of adopting various personalities and answering questions. Additionally, AI-powered image editing for...