Meta Platforms has seen a period of astounding
stock performance with
record-breaking run extending to 20 straight days. However, the firm has recently trimmed
equity perks for employees despite trading at record highs. This move comes as Meta focuses on adopting AI technology, with the growing AI expansion intensifying competition against rivals like OpenAI and Amazon. While some investors have concern over the company’s
valuation, suggesting difficulty in compounding money with Meta’s stock, many still hold a bullish outlook, anticipating growth in the coming years. An
AI strategy has been highlighted as a potential catalyst for stocks soaring in 2025. Some Wall-Street firms even see the stock hitting a valuation of $935. Founder Mark Zuckerberg's selling of shares worth $14.4 million, as well as other insiders selling stock worth $48 million, might indicate potential weakness. Despite this, Meta has launched significant projects like
Project Waterworth—the world's longest subsea cable. The tech giant also remains a top stock pick among noteworthy investors, including Cathie Wood. While the streak came to an end recently, Meta’s stock performance is still impressive, prompting a question of whether stock splits are in view.
Meta Platforms Stocks News Analytics from Fri, 29 Nov 2024 08:00:00 GMT to Sat, 22 Feb 2025 14:30:00 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 5
