Did the rally erase Meta's stock losses for 2026?
Yes — CNBC reported the week's surge left Meta shares up more than 1% for 2026, reversing what had been a losing year for the stock, even as the Nasdaq itself was up roughly 13% year-to-date, meaning Meta was still trailing the broader market's gains.
Answered in
Meta Just Had Its Best Stock Week Since 2024 — Because It's Selling AI Compute NowMeta shares surged 15% in a week, erasing 2026 losses, after new AI models and plans to resell excess compute through a Meta Compute cloud unit.
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