Meta Platforms, Inc. (NASDAQ:META) reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its stock. Q2 revenue was $32 billion, up 11% YoY, beating the consensus estimate of $31.12 billion. EPS was $2.98, surpassing the estimate of $2.91. The company also reported a 5% growth in Facebook Daily Active Users. Several analysts upgraded their ratings and price targets for Meta following the financial report.