Varied Growth Drivers Lifted Meta Platforms (META) in Q2

Group 1: Fund Performance - Alger Spectra Fund's Class A shares outperformed the Russell 3000 Growth Index in Q2 2025 following a significant rebound in equities after a challenging Q1 [1] - The fund highlighted strong performance from its top holdings, including Meta Platforms, Inc. [1] Group 2: Meta Platforms, Inc. Overview - Meta Platforms, Inc. (NASDAQ:META) is the world's largest social-media company, with a Family of Apps averaging 3.4 billion daily active users in March 2025, which supports its advertising franchise [3] - The company reported a revenue of $47.5 billion in Q2 2025, representing a 22% increase in both reported and constant currency [4] Group 3: Investment Insights - Meta's AI-powered ad-delivery tools are enhancing pricing and campaign performance, while new initiatives like ads in WhatsApp could unlock additional revenue streams [3] - Despite its strong performance, some analysts suggest that certain AI stocks may offer greater upside potential compared to Meta [4]