"So far this year, one of the better performers among the Magnificent 7 has been Meta Platforms Inc. ( NASDAQ: META). Its shares have outperformed the broader market and are currently up 25.9% this year and recently hit an all-time high of $796.25. For comparison, other Magnificent 7 members have fared much worse. Look no further than Apple Inc. ( NASDAQ: AAPL) and Tesla Inc. ( NASDAQ: TSLA), which are down 5.4% and 19.9%, respectively, since the start of the year."
"Furthermore, strong first-quarter and second-quarter earnings reports lend credence to the claim that Meta will continue to outshine its competitors over the next year. That belief has been bolstered by its recent performance. Since hitting its year-to-date low on April 21, the stock has rallied 53.6%. The near-term future of the economy is uncertain-just like the markets themselves-and Meta Platforms CEO Mark Zuckerberg is a controversial figure. Certainly, Zuckerberg's sudden shift to the metaverse and brand name change to Meta Platforms raised a few eyebrows"
Meta Platforms has outperformed peers, rising 25.9% year-to-date and reaching an all-time high of $796.25 while Apple and Tesla are down 5.4% and 19.9% YTD. Strong first- and second-quarter earnings and a 53.6% rally since the April 21 low support continued momentum. Economic and market uncertainty persists, and CEO Mark Zuckerberg's metaverse pivot and rebranding drew controversy. The company is shifting focus and currently riding a bullish trend. Near-term growth should not be expected from Reality Labs; Q2 2025 revenue was $370 million with a $4.53 billion operating loss, prompting investors to plan for multiple outcomes.
Read at 24/7 Wall St.
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