Meta Platforms (NASDAQ: META) has set a new record with a 16-day consecutive stock rally, the longest in Nasdaq 100 history. This surge is attributed to the company’s aggressive investments in artificial intelligence, which have enhanced user engagement on Facebook and Instagram. CEO Mark Zuckerberg highlighted that improvements to AI-driven content recommendations have increased time spent on these platforms by 8% and 6%, respectively.
As of February 11, 2025, Meta’s stock is trading at $717.25, experiencing a slight decrease of 0.02% from the previous close. The day’s trading range has been between $711.62 and $717.54, with an opening price of $713.32.
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About Meta Platforms, Inc.
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments: Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, Instagram, Messenger, and WhatsApp, providing platforms for users to share, discuss, discover, and connect with interests. The Reality Labs segment focuses on virtual, augmented, and mixed reality technologies, including consumer hardware, software, and content.
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