Wall Street’s attention shifted sharply to Big Tech, with investors looking beyond headline numbers to a deeper question: Is AI paying off?

A single line in Meta's guidance wiped out billions in market cap while the underlying business barely budged.

Meta released a new AI model, prompting a wave of fresh bullishness from Wall Street's top equity research desks.

The owner of Facebook and Instagram saw its revenues and profits soar more than 30 percent, but AI costs remain high and lawsuits remain a threat.

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Meta introduced its new AI model at the beginning of the second quarter, so Mark Zuckerberg's commentary about the future will be key during earnings.

Meta Platforms Inc. stock has delivered strong gains in 2026, leaving investors debating whether to buy more shares or lock in profits as the company bets heavily on artificial intelligence while its core advertising business continues to rebound.