On June 2, 2025, Meta Platforms Inc. ($META) emerged as a leading stock in the technology sector, clearing highs above $660 and demonstrating strong bullish momentum throughout the trading day. The stock was highlighted for its robust volume and technical setup, with traders noting its 'beast mode' performance and consistent upward movement. Alongside Meta, several large-cap technology companies reached new all-time highs, including Netflix ($NFLX), Palantir Technologies ($PLTR), Philip Morris International ($PM), CrowdStrike ($CRWD), Box ($BOX), Seagate Technology ($STX), Spotify ($SPOT), Rollins ($ROL), Intuit ($INTU), CME Group ($CME), Darden Restaurants ($DRI), and Axon Enterprise ($AXON). The broader market also showed resilience despite steel tariffs, with the S&P 500 ($SPY) approaching a breakout level near 595. Other notable tech names such as Microsoft ($MSFT), Robinhood ($HOOD), Snowflake ($SNOW), Corvus Pharmaceuticals ($CRWV), Nvidia ($NVDA), Broadcom ($AVGO), Advanced Micro Devices ($AMD), Boeing ($BA), and Tesla ($TSLA) maintained strong positions, with Tesla holding above $330. Market breadth improved into the close, driven largely by mega-cap stocks, with Nvidia, Meta, and Broadcom responsible for over 40% of the bullish momentum in the S&P 500.
$META daily ⬆️ Clean volume follow-up https://t.co/PflYgmCQvp
Strong breadth comeback in $SPX into the close. Mega caps led from the open, but late-session participation helped drive the index into positive territory. Still, just ten stocks were responsible for over 40% of the bullish momentum, with $NVDA, $META, and $AVGO leading the way. https://t.co/Tx8H7jIHOM
$META 🚨 I told you its Beast Mode in the morning! We dnt just teach concepts ,we execute them! Ripster 1 HR MTF Cloud for win Made week for us in the community All we had to do was keep moving stops up @TENETTRADEGROUP Why you dnt sell till 5/12 breaks!!! https://t.co/J99q4C6s9j