Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company’s announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts’ expectations. Despite the increased spending, Meta’s stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges.
As of 9:28 AM EST on February 19, 2025, Meta’s stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today’s trading range has been between $703.38 and $716.78, with an opening price of $736.07.
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About Meta Platforms Inc.
Meta Platforms Inc., formerly known as Facebook Inc., is a leading technology conglomerate that owns and operates a portfolio of services including Facebook, Instagram, WhatsApp, and Oculus VR. The company is heavily investing in artificial intelligence and virtual reality technologies to enhance user experiences and drive innovation across its platforms.
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