The trajectory for most of our long-term initiatives is going to be a lot clearer by the end of this year,' said CEO Mark Zuckerberg.

Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have to say? We take a look here.

Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.