Meta Climbs 3.8% Since Earnings on AI Ad Momentum

Meta Platforms shares have risen 3.8% since the Q1 earnings release, closing at $635.26 on May 28. The rally began May 27 after Meta beat estimates with $56.31 billion revenue and $7.31 EPS, fueled by 33% ad growth and 8 million advertisers adopting generative-AI tools. Management guided Q2 revenue to $58–61 billion and raised 2026 capex to $125–145 billion while launching paid subscription tiers. On May 28 the company pledged extra funding to its Oversight Board through 2028 amid ongoing content-moderation scrutiny.