As Mark Zuckerberg Moves His Desk to the AI Lab to Double Down on Innovation, META Stock Lags the S&P 500. Should You Bet on a Turnaround?

Despite pursuing leadership in open-source and proprietary AI models, Meta Platforms' (META) stock continues to move at a snail’s pace, registering just over 2% returns so far this year. The matters at the company, however, are moving so fast that they’re even giving the President and Vice Chairman Dina McCormick, a headache. McCormick, who has not only worked on Wall Street before but was also the Deputy National Security Advisor for Strategy under Donald Trump, says the work at Meta moves faster than anywhere she’s worked before.

To make things move even faster, the company’s founder and CEO, Mark Zuckerberg, has now moved to the AI lab, where he is “coding all day,” according to McCormick. He is leaving no stone unturned in the pursuit of AI dominance. This news comes just after the company released its Muse Spark AI model on April 8, which is the first model to come out of the Superintelligence group, where Mark currently spends his time. As a result of this release, Meta’s AI app on iOS saw an 87% surge in daily downloads. This rise in consumer interest isn’t visible on the stock price chart, but it could be soon, and that’s why investors are better off taking a position in the stock now.