Meta adds $235 bn of value in winning streak as investors cheer AI bets

Meta Platforms Inc. shares are on track to post a gain for a 12th consecutive session, their longest winning streak ever, as investors cheer the social media giant’s artificial intelligence strategy.

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak, bringing its market capitalization to nearly $1.8 trillion.