Despite the market's dour mood on Friday, shares of Meta Platforms ( META 0.84%) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, each from a different quarter.

Shares of Meta Platforms Inc. inched 0.84% higher to $615.86 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.63% to 19,161.

Meta and Amazon are both axing their diversity programs, adding their names to a growing list of firms across corporate America making similar moves in anticipation of Donald Trump ’s return to the White House.

Joining companies such as John Deere and Walmart, Facebook and Instagram’s parent company Meta Platforms Inc. is getting rid of its diversity, equity and inclusion program, a company spokesperson conf

Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.