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  • US stocks rose as Big Tech earnings stayed strong while US GDP growths slowed. 
  • Meta stock jumped after reporting first-quarter results that beat Wall Street's estimates.
  • US GDP increased less than expected in the first three months of 2023.

US stocks edged higher on Thursday as corporate earnings for mega-cap tech remained upbeat while US GDP growth came in below forecasts.

Meta Platforms stock jumped 14% after the social media giant's first-quarter results beat Wall Street's estimates. Meta followed strong earnings from Alphabet and Microsoft as well.