Meta Stock Extends Its Record Winning Streak | Global News Avenue

meta(Yuan) Shares rose on Monday, leaving a record winning streak for the social media giant.

Meta shares rose 16 consecutive full meetings with Monday’s meeting, the longest winning streak in any Seven stock. In other words, Meta Stock has not declined since Joe Biden’s presidency.

Yuan stocks have proven resilient to many developments that have shaken other tech stocks in recent weeks. Shares of Chinese startups are nearly 2% DeepSeek triggered a major AI stock sell-off; AI chip maker Nvidia (NVDA) Losing over $600 billion The market value of that day.

Meta employees are preparing for a round of performance-based layoffs announced by CEO Mark Zuckerberg last month. Executives said their goal is to abandon 5% of the company’s more than 74,000 employees.

Yuan Avoid deepseek defeat Part of this is because the social media company generates almost all revenue from advertising and is therefore viewed by investors as consumers of AI rather than providers. The Deepseek model that shocked Wall Street might also help, just like Meta’s Llama Open source.

The day after RMB 1, the stock price rose 1% Ranked fourth quarter revenue estimatesmaking it the only outstanding seven companies, and its stock rose after reporting the results. (NVIDIA is the only magazine company to report.) During the earnings call between the company and analysts, executives stressed that users and advertisers are both Increasingly turning to its AI products: Meta’s AI-driven advantage + shopping services grew 70% in the quarter and reached an annual revenue run rate of $20 billion, according to CFO Susan Li.

Even the company’s plan Increase its AI spending This year it hits about 50%, and this aggressive spending has enabled investors to tech giants such as Microsoft (Microsoft) (MSFT) and letters (GOOG) – It did not hide Wall Street’s enthusiasm for stocks.

Updated – February 10, 2025: This story has been updated to reflect the performance of META stock on Monday.