Three years ago, Mark Zuckerberg’s big day was a flop. At his company’s annual developer conference -- then called Facebook Connect -- he unveiled his grand plans to turn his trillion-dollar social network into “a metaverse company.” Then, Meta conducted several rounds of mass layoffs.

Meta CEO Mark Zuckerberg needed less than an hour to wow Wall Street. He took the stage at Meta Connect in a T-shirt dedicated to himself and delivered a keynote that Wall Street seems to be responding well to.