Meta shares flying high as Mark Zuckerberg drives forward with AI vision

Technology giants that want to spend big on artificial intelligence and stay in the good graces of investors should take a page out of Meta Platforms Inc.’s playbook.

The Mark Zuckerberg run company has seen its shares gain 13% this month, far outperforming Big Tech peers despite reporting another jump in capital expenditures and pledging to spend even more going forward. The stock settled on Wednesday less than 1% short of its record closing price from last month.