Meta rally makes history as it goes on offensive with AI

Even in a market where artificial intelligence winners are rewarded, Meta shares stand out. The Facebook parent's record 16-day rally has been driven by all manner of news -- even the kind that has pressured its megacap rivals -- pushing its valuation toward 2 trillion for the first time. "I have long viewed Meta as the biggest beneficiary of AI outside of maybe Nvidia, and I think more people are coming around to that idea," said Conrad van Tienhoven, a portfolio manager at Riverpark Capital.