The Nasdaq Composite index has recovered nearly all of its 24% loss from earlier this year, pulling back to even for 2025. Investors are now focusing on potential tech stocks, particularly Spotify Technology (NYSE: SPOT) and Meta Platforms (NASDAQ: META).
As of now, Spotify’s stock has surged 50% year-to-date and is up 477% over the past three years, with a net income of $1.3 billion over the last 12 months. Meanwhile, Meta generated $170 billion in annual revenue, with 97% coming from advertising. The digital ad market is projected to grow significantly, potentially reaching $1.2 trillion by 2030. Meta recently bought back over $13 billion in stock, improving its overall share count.