Meta Should Get Out of Metaverse, Says Laffer Tengler CEO
Summary
Nancy Tengler, CEO and CIO of Laffer Tengler Investments, joins Bloomberg Tech to discuss Meta's move away from the metaverse toward AI devices, the AI/data-center buildout, and her favored 2026 investment ideas. She says the buildout is not a bubble, supports Meta's metaverse exit, and remains bullish on Google/Alphabet as an AI leader. She also lists Walmart, AMD, CrowdStrike, Tesla, D.R. Horton, and Quanta Services among her favored names.
- Meta is cutting metaverse roles and shifting focus to AI devices, including Ray-Ban Meta glasses.
- Nancy Tengler supports Meta exiting the metaverse but remains cautious on the stock.
- She does not see the AI/data-center buildout as a bubble and owns nuclear and buildout names.
- She calls Google/Alphabet a top AI leader and one of her best ideas.
- She lists Walmart, AMD, CrowdStrike, Tesla, D.R. Horton, and Quanta Services as favored 2026 best ideas.
- She cites AI-driven productivity growth and faster-than-understood AI adoption.
- She says the D.R. Horton housing bet has worked amid expected administration support.
- ServiceNow was a past portfolio drag, but she gave no forward view.
Ideas
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This Bloomberg Markets video, published January 13, 2026, features Nancy Tengler discussing URA, Data center buildout, META, GOOG, WMT, AMD, CRWD, TSLA, DHI, PWR. 9 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Nancy Tengler · Tickers: URA, Data center buildout, META, GOOG, WMT, AMD, CRWD, TSLA, DHI, PWR