From Nasdaq: 2025-02-18 16:43:00

Shares of Meta Platforms (NASDAQ: META) fell 2.8% today, ending an incredible streak of gains since Nov. 5. Despite this drop, the stock is up over 25% and nearing a $1.8 trillion market cap. CEO Mark Zuckerberg’s focus on AI has investors optimistic about the company’s future.

Meta’s fourth-quarter earnings beat estimates, with its AI chatbot gaining 100 million monthly users. Zuckerberg announced plans to invest $60-65 billion in AI. The company also revealed Project Waterworth, a multibillion-dollar initiative to build a 50,000 km underwater cable for high-speed connectivity.

The largest pension fund in the Netherlands sold all shares in Meta and Alphabet, citing investment principles. However, CEO Harmen van Wijnen clarified that the decision was not related to Trump’s election. Despite concerns about high valuations in AI stocks, Meta remains a solid choice due to its potential in monetizing AI technology.

The Motley Fool Stock Advisor team did not include Meta Platforms in their list of 10 best stocks for investors. The service, known for its successful stock picks, has significantly outperformed the S&P 500 since 2002. Investors are encouraged to explore other opportunities for potential high returns.



Read more at Nasdaq: Why Shares of Meta Platforms Fell for the First Time in 20 Days