Shares of Meta Platforms (NASDAQ: META) charged sharply higher Monday morning, gaining as much as 7.6%. As of 11:22 a.m. ET, the stock was still up 7.1%. The catalyst that sent the social media and artificial intelligence (AI) specialist higher was bullish commentary from Wall Street regarding the company's recently launched AI agent. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »Image source: The Motley Fool. A new revenue stream?
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