Meta Platforms stock jumped 14% in June due to AI investments and positive market sentiment.

From Nasdaq: 2025-07-03 12:17:00

Meta Platforms made a significant move into AI last month by acquiring a 49% stake in Scale AI. The company saw a 14% increase in its stock price, benefiting from the broader market uptrend and the positive response to the Scale AI deal. Meta also explored other AI acquisitions and is considering raising $29 billion for data center expansion. Additionally, Meta introduced Oakley Meta glasses, a new category of Performance AI glasses.

Meta’s strong AI ambitions were highlighted by the Scale AI deal, bringing in founder Alexandr Wang to head a new research lab. The company also poached AI talent and attempted to acquire other AI start-ups. Meta signed a power purchase agreement with Constellation Energy and introduced Oakley Meta glasses. The stock also benefited from easing trade war tensions and positive economic data.

Meta’s price-to-earnings ratio rose to 28, still reasonable given its dominance in social media and digital advertising. Analysts expect strong second-quarter earnings, with revenue projected to increase to $44.55 billion. Meta’s continued growth in revenue and earnings per share will likely drive the stock higher. Join Stock Advisor for potential investment opportunities.



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