Meta Platforms (META) shares surged over 6% to around $572 on March 31, rebounding from last week's 8% plunge after a jury deemed the company 70% liable in a high-profile social media addiction lawsuit, underscoring persistent regulatory risks around content moderation and user engagement algorithms. This volatility reflects trader sentiment balancing legal headwinds against Meta's robust AI momentum, including massive data center expansions via partnerships like the January Corning deal and Llama large language model updates enhancing competitive positioning versus OpenAI and Google. Q1 earnings in late April loom as the next catalyst, with focus on AI capital expenditures, advertiser growth, and hardware innovations like prescription smart glasses, amid a broader tech rally driving call buying and gamma squeezes.