Meta Platforms, Inc. - Class A Common Stock (META)

Reddit stock surged late Thursday on a strong Q1 report and better-than-expected Q2 sales forecast despite tariff fears.

Shares are trading higher Thursday following the company's stronger-than-expected first-quarter financial results.

Shares of social network operator Meta Platforms (NASDAQ:META) jumped 7.2% in the pre-market session after the company reported strong first quarter 2025 results which exceeded analysts' expectations across revenue, EPS, and EBITDA. Revenue grew 16% year over year, driven by a 10% rise in average ad prices and a 5% increase in impressions across Meta's Family of Apps. 

Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.

NVIDIA Corp (NASDAQ:NVDA) shares are trading higher Thursday following strong quarterly reports from Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META). The stock also took another leg higher following reports suggesting a potential easing of chip restrictions.

There was a wave of good news for the artificial intelligence (AI) chipmaker.

Alphabet's ad business keeps putting up huge numbers, but a DOJ breakup, generative AI threats, and potential macro slowdown loom.

Meta reported better-than-expected first-quarter results after Wednesday's closing bell. Analysts are weighing in on the report while investors drive the stock price higher Thursday.

Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.

Meta Platforms and Microsoft aren't slowing their spending on AI data centers, defying skeptics who have predicted a pullback.

CoreWeave stock, a high profile artificial intelligence initial public offering this year, popped on Microsoft and Meta earnings reports.

Amazon stock was rising Thursday after Microsoft's strong cloud results offered a positive signal for Amazon's Q1, due later today.

Meta Platforms highlights a new milestone for its X rival Threads. Here's how many monthly users Threads now has.

Get insights into the top gainers and losers in the S&P500 index of Thursday's pre-market session.

Tech giants Nvidia, Broadcom, TSMC, AMD, Arm, Micron, and Marvell stocks surge in support of Meta and Microsoft's strong quarterly results.