One of Wall Street's Largest Stock Splits in History Could Be Announced on October 29

Group 1 - Stock splits are less common now due to the availability of fractional shares, but they can still impact investors without access to such shares and affect options strategies [1] - Companies often see a slight increase in stock prices upon the announcement of stock splits, suggesting that identifying potential stock split announcements could be a strategic investment move [2] - Meta Platforms, valued at nearly $2 trillion and trading over $700 per share, is expected to announce one of the largest stock splits in history on October 29 [3] Group 2 - Meta Platforms has never conducted a stock split before, and its upcoming earnings report on October 29 could mark a historic moment for the company [4] - As the sixth-largest company globally, a stock split by Meta would be significant, with only Nvidia's anticipated split in 2024 being larger [4] - Beyond the potential stock split, there are strong reasons for investors to consider Meta Platforms, particularly its focus on artificial intelligence [5] Group 3 - Meta Platforms is recognized as an artificial intelligence hyperscaler, investing heavily in AI to enhance its social media platforms and improve ad conversions [6] - The company's advertising revenue has shown robust growth, with a 22% increase in Q2 and an expected 20% rise in Q3, indicating a strong business model supported by AI [7] - Despite concerns about a potential AI bubble, Meta Platforms is not significantly exposed, as its revenue primarily comes from advertising [10]