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18 days of gains

You have to go back to the 16th of January for the last time Meta shares closed in the red. The stock is currently on its 18th consecutive day of share price gains, and after-hours trading says it will open in the green again this afternoon. This winning streak is unprecedented and hasn't been done before by any stock on the Nasdaq 100.

There are a few reasons for this impressive rally. The first is that the market is a fan of Meta's big infrastructure spending plans. A few years ago, when they announced massive spending on the Metaverse, the share price tanked. It is good to see the opposite happening here. All that is left of that misguided Metaverse push is the share name - Meta.

Another reason for the positive share price move is the aftermath of the DeepSeek shock. Meta has created their own AI model, and the efficiencies created by DeepSeek benefit big AI creators like Meta. They are able to get more bang for their buck on the tens of billions being spent on data centers.

Onwards and upwards.


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