Tech
Meta shares adds $240 billion in market cap during longest winning run ever
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Meta Platforms Inc. shares rose for a 12th consecutive session Tuesday, their longest winning streak ever, as investors cheer the social media giant’s artificial intelligence strategy.
The stock ended the session on Tuesday up 1%. The owner of Facebook has added roughly $240 billion in market value during the streak, bringing its market capitalization to nearly $1.8 trillion.
This is a “really big year” for Meta, Chief Executive Officer Mark Zuckerberg said last week, as he predicted that the company’s AI assistant will become the most widely…
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