Why Meta Platforms Stock Soared on AI News Today | The Motley Fool

Many investors were jumping aboard Meta Platforms (META 3.61%) stock on Monday, so much so that the pricey social media company’s shares rose by almost 4%. Much of this was a reaction to a media report stating that Meta would lean heavily on artificial intelligence (AI) to boost its revenue. The stock’s rise easily trumped that of the S&P 500 index, which increased 0.4% on the day.

Serious AI advancement planned?

Well before market open, The Wall Street…