Top 5 Stocks That Members of Congress Own

2. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 262

On May 29, Meta Platforms, Inc. (NASDAQ:META) established a new Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate the adoption and deployment of its artificial intelligence tools. The initiative reflects Meta’s growing focus on enterprise AI, enabling the company to deepen customer relationships, improve product implementation, and expand its presence in the rapidly growing market for AI-powered business solutions.

On May 28, following reports that Meta Platforms, Inc. (NASDAQ:META) plans to introduce a range of subscription offerings for Meta AI and its major consumer platforms, including Facebook, Instagram, and WhatsApp, Rosenblatt Securities described the initiative as a potential multi-billion-dollar revenue opportunity. Drawing comparisons to the subscription traction achieved by Snap Inc. and OpenAI, the firm highlighted the significant monetization potential of Meta’s expanding AI ecosystem and maintained a Buy rating alongside a $1,015 price target on the shares.

Meta Platforms, Inc. (NASDAQ:META) was founded in 2004 and is headquartered in Menlo Park. Operating within the technology and digital advertising industry, the company owns and operates Facebook, Instagram, and Messenger. Meta is also investing heavily in artificial intelligence infrastructure, data centers, and advanced computing capabilities to support future growth across its ecosystem.