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.

Meta had a fantastic Q4 2024, beating Wall Street targets. The company's Q1 guidance was less than hoped for. At least for now, Meta is not altering course in spending big on AI infrastructure. Meta delivered fantastic results for Q4 2024.