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META: Meta Stock’s Monster 20-Day Winning Streak Finally Breaks. Why So Bullish?

1 min read
Key points:
  • Meta shares finally snap rally
  • Stock down after 20 green days
  • Meta unveils grand cable project
Illustration by TradingView

Social-media platform finally turned lower as investors decided to take out more cash than they chip in.

💔 Meta Goes Down After 20 Days

  • Meta stock META came back after Monday’s break for President’s Day but it wasn’t pretty. Instead, shares of the social-media giant flopped out of the gate and lost 2.7% by the closing bell. And as it fell, Zuckerberg’s tech titan snapped a monster 20-day winning streak. That’s 20 straight sessions of pure fire and gains.
  • Investors have really gobbled up shares of Meta this year as they’re higher by 20% since the first trading bell of 2025. That’s more than any other member of the elite Magnificent Seven club.

🌪️ Rivals Left in Dust

  • Amazon AMZN is the closest rival with a 3% gain on the year. All the rest are either underwater or barely keeping their heads above the water. What’s so bullish about Meta and why are investors rushing to own it this year? Its AI strategy has appealed to investors. Even the planned 2025 spending.
  • Meta’s rise is underpinned by a confident approach to new AI initiatives despite the threat from China’s DeepSeek. The US juggernaut said it plans to spend as much as $65 billion on building out data centers for AI. It also churned out a pretty solid earnings report on January 30.

🔌 Largest Cable Management Project?

  • The latest checkpoint on the way to record share prices came on Friday when Meta unveiled its new project — the longest undersea cable management gig called Project Waterworth. It will be used to power AI initiatives across various locations.
  • “Project Waterworth will be a multi-billion dollar, multi-year investment to strengthen the scale and reliability of the world’s digital highways by opening three new oceanic corridors with the abundant, high speed connectivity needed to drive AI innovation around the world,” Meta said.