Investors Need Proof of Meta's Spending Paying Off: Feeney

JoAnne Feeney, portfolio manager & partner at Advisors Capital Management. joins Scarlet Fu on "Bloomberg Markets." Meta Platforms shares plunged by the most in six months after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment that CEO Mark Zuckerberg is making to catch up in the artificial intelligence race won't pay off.