Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...
Magnificent Seven stocks, which led the stock market rally from the front between 2023 and 2024, have looked relatively shaky ...
Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...
Guided by CEO Mark Zuckerberg, Meta Platforms (NASDAQ:META) is a business seeking a direction. Is Meta Platforms a social ...
Fears of a spending spree have weighed on shares, but one analyst argues that Meta has the clearest AI payoff among the ...
Meta Platforms is an AI winner, driving user growth, engagement, and ad pricing through advanced AI/ML integration. Click for ...
Meta cuts 30% of its metaverse budget, shifting focus to AI, wearables, and profitable ventures like smart glasses, after ...
Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...
If Meta Platforms wins that industry, as it has dominated social media, and AI glasses become mainstream products, the ...
There’s no way to relate Meta to rates either. It simply doesn’t matter to the company. The stock is listless because it’s ...
Meta Platforms is spending around $70 billion on AI data centers in 2025, a figure that is set to rise next year. Unlike the other big AI spenders, Meta has no cloud that rents out AI servers; this is ...
Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.