Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Making Waves on Wall Street. On July 30, Meta Platforms CEO Mark Zuckerberg said that the creation of super intelligent artificial intelligence is “now in sight” and that it will usher in a “new era of personal empowerment.

The parent company of Facebook and Instagram continues to exceed expectations for ad sales. Analysts are less sure about its big swings. Meta Platforms released blockbuster second-quarter earnings on Wednesday,

Meta Platforms forecast third-quarter revenue well above Wall Street estimates on Wednesday, as artificial intelligence continued to strengthen its core advertising business, sending its shares up 10% in extended trading.