Fastly’s 14% AI spike was a mirage; Here’s the edge stock Citi says you should own

Investing.com -- Fastly (NYSE: FSLY) saw its stock drop 9% on Thursday, wiping out some of the 14% surge it enjoyed on Wednesday. The earlier spike was fueled by new data showing Fastly plays a major role in powering Meta's new AI assistant, Muse. However, Citi analyst Fatima Boolani isn't buying the hype and remains neutral on the stock. Still guessing which names to buy? Our AI rebuilds its stock picks at the start of every month. The list is beating the market by 120%. See what's on it » In a research note published Thursday, Boolani argued that the bump in traffic from Meta's AI won't automatically lead to the kind of massive profits needed to justify Fastly's recent stock rally.