Gerstner backs Meta as 10-year Treasury yield reaches 5.1%
AI Summary- Brad Gerstner backed Meta Platforms and called its Muse agent the company’s next 10x moment.
- Meta stock reached $748.53, gaining 31% in one month but losing 1% year over year.
- Altimeter moved from large to medium market exposure after Treasury yields crossed 5% and mortgage rates topped 7%.