META Stock Eyes 12th Straight Gain, Adds $235B in Record Streak
In what is a massive development for the tech company, META stock is currently on pace for its 12th straight gain in a session, with the company adding $235 billion to its market cap on what is a record streak. Indeed, the social media juggernaut has been on an unprecedented run, up more than 700% since its low two years ago.
The company made headlines earlier this year when it enacted a stark shift in perspective. Specifically, it aligned itself with the incoming US Trump administration, as the stock was poised to have massive implications. So far, that has done it well on Wall Street.
Also Read: META Stock Gets Underperform Rating as Wall Street is Divided
META On Record Win Streak as it Looks to Gain for 12th Straight Session
Late last week, news emerged that Mark Zuckerberg was looking to reincorporate META Platforms Inc. in Texas. The move was pulled right out of the Elon Musk playbook, as he similarly reincorporated out of Delaware years ago. That may prove to only bolster what is a tremendous run for the company.
META had its stock and is currently looking to gain for the 12th straight session, as the company added $235 billion in market value over what was a record streak. On Tuesday, the company’s shares were up more than 1%. The increase saw its market cap surge to almost $1.8 trillion, according to Bloomberg.
Also Read: META Net Income Jumps 49% in Q4: What It Means for the Stock
Entering 2025, Zuckerberg noted that the company was facing a “really big year” in its development. Specifically, it was seeking to ramp up its AI strategy to better align with growing demand. That was clearly evident in its $65 billion investments in the technology planned this year.
The company also predicted that its AI assistant would become the most widely used in the industry. Indeed, the statement is bold, considering the popularity of firms like OpenAI and the emerging DeepSeek. Ultimately, the latter could help the firm, as it could see faster product development take place, research analyst Angelo Zino told Bloomberg.
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META Stock Eyes 12th Straight Gain, Adds $235B in Record Streak
In what is a massive development for the tech company, META stock is currently on pace for its 12th straight gain in a session, with the company adding $235 billion to its market cap on what is a record streak. Indeed, the social media juggernaut has been on an unprecedented run, up more than 700% since its low two years ago.
The company made headlines earlier this year when it enacted a stark shift in perspective. Specifically, it aligned itself with the incoming US Trump administration, as the stock was poised to have massive implications. So far, that has done it well on Wall Street.
Also Read: META Stock Gets Underperform Rating as Wall Street is Divided
META On Record Win Streak as it Looks to Gain for 12th Straight Session
Late last week, news emerged that Mark Zuckerberg was looking to reincorporate META Platforms Inc. in Texas. The move was pulled right out of the Elon Musk playbook, as he similarly reincorporated out of Delaware years ago. That may prove to only bolster what is a tremendous run for the company.
META had its stock and is currently looking to gain for the 12th straight session, as the company added $235 billion in market value over what was a record streak. On Tuesday, the company’s shares were up more than 1%. The increase saw its market cap surge to almost $1.8 trillion, according to Bloomberg.
Also Read: META Net Income Jumps 49% in Q4: What It Means for the Stock
Entering 2025, Zuckerberg noted that the company was facing a “really big year” in its development. Specifically, it was seeking to ramp up its AI strategy to better align with growing demand. That was clearly evident in its $65 billion investments in the technology planned this year.
The company also predicted that its AI assistant would become the most widely used in the industry. Indeed, the statement is bold, considering the popularity of firms like OpenAI and the emerging DeepSeek. Ultimately, the latter could help the firm, as it could see faster product development take place, research analyst Angelo Zino told Bloomberg.
Read More