Facebook's (META -0.22%) second-quarter revenue and profits came in much higher than Wall Street analysts were expecting, and shares had their biggest one-day gain ever. Mobile advertising now makes up 41% of Facebook's ad revenue. In the lead story on Investor Beat, Motley Fool analysts Jason Moser and David Hanson examine Facebook's historic day, the "next big thing" from the social network, and what it all means for investors.
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Facebook's Monster Quarter
NASDAQ: META
Meta Platforms

Facebook surprises Wall Street with its biggest one-day gain ever.
Chris Hill has no position in any stocks mentioned. David Hanson has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool recommends Facebook. The Motley Fool owns shares of Facebook. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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