Meta Soars to New Heights, Extending Record Winning Streak
Meta Platforms (META) continues to dominate the "Magnificent Seven" stocks, boasting a remarkable 20th consecutive day of gains. This milestone marks an unprecedented winning streak for the company, with its shares remaining in positive territory throughout the month of February.
Since the start of the year, Meta has soared an impressive 25.8%, significantly outperforming its tech industry peers. Despite a turbulent market backdrop, Meta has maintained a strong upward trajectory, closing lower only five times in 2025.
In contrast, Tesla (TSLA) has endured two separate five-day losing streaks this year, underscoring the contrasting fortunes of the two tech giants. By comparison, Tesla has declined 11.9% in 2025.
Meta's success can be attributed to several factors, including its ambitious investment in artificial intelligence (AI). The company's plans to allocate up to $65 billion towards AI initiatives have been met with enthusiasm on Wall Street, particularly in light of recent news about widespread layoffs across its teams.
Analysts believe that the integration of AI-powered features and products will enhance user engagement and drive growth across Meta's platforms, including Reels, Threads, WhatsApp, and Facebook. The company aims to gain market share in key segments and establish itself as a leader in these respective categories.
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