The 52-week high is a psychologically important metric for traders and investors to gauge further price movement. Stocks that reach their 52-week high are generally seen to have bullish sentiment.
All good things come to an end eventually. After an incredible streak of gains that spanned nearly three weeks worth of trading days, shares of Meta Platforms (META -2.76%) fell 2.8% today for no obvious reason, although there was news about the company.
Meta Platforms, Inc. META is a well-known social media company with top apps like Facebook, WhatsApp and Instagram. Meta's shares surged this year mainly due to its focus on artificial intelligence (AI).
The 20-session winning streak of Meta Platforms (META) came to a close on Tuesday. The Mag 7 giant is one Rob Luna still considers a "core holding" despite its "absolutely overbought" run.
Facebook announced on Tuesday that live videos will now only be stored on the social network for 30 days, after which they will be deleted. Previously, these videos were stored indefinitely.
Meta soars to an all-time high, registering a record-winning streak of 20 consecutive trading days. Here are some ETFs to invest in.
Jeff deGraaf, Renaissance Macro Research chairman, joins 'Money Movers' to discuss Meta's technicals, which parts of the market could move higher, and much more.
Meta on Tuesday announced that it'll host its first-ever dev conference dedicated to generative AI.
CNBC's Julia Boorstin joins 'Squawk on the Street' with the latest news about Meta.
Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.
Meta plans a multibillion-dollar global underwater cable project spanning 31,000 miles. The project will ramp up data transmission and connect the US to India, Brazil, and South Africa.
One artificial intelligence (AI) stock that got off to a scorching start this year is social media juggernaut Meta Platforms (META 1.11%). Just a couple of weeks ago, Meta's leadership told investors that 2025 is going to be a jam-packed year as the company seeks to continue moving aggressively on its AI roadmap.