Can Meta Sustain Its Recent Stock Surge? 📈

Meta's stock has rebounded in the past year, with its stock initially declining due to concerns about existential threats and the impact of Apple's iOS privacy change on its ad business. The tech titan reported better-than-expected second-quarter results and implemented cost-cutting measures in late 2022 and early 2023. The recovery of Facebook's online ad business, driven by improvements in targeting capabilities and AI investments contributed to its recovery. The popularity of Meta's products like Reels and Threads also gave investors hope for future growth. Despite the recent gains, concerns remain about the future of Meta, including losses in the company's Reality Labs unit, regulatory headwinds related to data privacy, and competition from rivals like Amazon and TikTok.