Meta CEO Mark Zuckerberg.
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- Meta Platforms will report its first-quarter earnings on Wednesday after the closing bell.
- Wall Street is optimistic about the social media firm's result, citing optimism around AI and ad spending.
- Some see growth slowing in the coming quarters and highlighted a need for new catalysts.
Meta Platforms has had a winning year so far, with the stock up 40% and sentiment upbeat ahead of its first-quarter report on Wednesday.