Meta Platforms (META)Meta Platforms Inc Class ABATS:METAColmexProMeta Platforms (Meta Platforms), formerly Facebook, is an American multinational technology company that develops social media applications. The company develops technologies that help people connect, find communities, and grow businesses. It operates a family of apps including Facebook, Instagram, WhatsApp, and Messenger, as well as the Reality Labs division, which focuses on virtual and augmented reality hardware and software. The company was founded in 2004 by Mark Zuckerberg along with his university friends, and is headquartered in Menlo Park, California (Wikipedia). META stock is having a rather lukewarm year, despite the company continuing to invest massive amounts, over $130 billion planned for 2026 in artificial intelligence (AI) infrastructure. Since the start of 2026, the stock has shown a near-zero to slightly positive return of only about one percent. Despite strong first-quarter results with a 33% jump in revenue, it seems investors are somewhat concerned about the enormous infrastructure spending and the recent sale of excess computing power. From a technical perspective, the stock has been under pressure in recent months and has declined from its highs. It is trading around the $580 level and is positioned below the 200-day simple moving average. Will Meta manage to prove that its massive AI investments are paying off and return to an upward trajectory, or will the pressure around spending continue to weigh on the stock? Time will tell... Important Notice: Colmex Pro Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 123/10. Trading in financial instruments (including stocks) and/or using leverage carries a high level of risk and may not be suitable for all investors. Past performance is not an indication of future results.