Meta Platforms, Inc. (META)

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Market Data

$620.52
$4.99 (+0.81%)
Previous Close: $615.52
52-Week Range
30% from low
$581.25$711.00

AI Insights

Meta has laid off about 1,500 employees from its Reality Labs division, which focuses on virtual and augmented reality. This move signals a shift in strategy as the company reallocates resources from metaverse projects to developing AI technologies and wearables. The layoffs reflect ongoing challenges in monetizing its VR and AR initiatives, emphasizing the urgency for Meta to pivot toward more profitable ventures.

Updated about 11 hours ago

Latest News

Buffett Refused A Raise For Decades, His Successor Earns 250x More To Lead Berkshire Hathaway

Warren Buffett ended his multi-decade run as the CEO of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) at the end of 2025. Things will look different for the conglomerate in 2026, including how much the CEO is paid. Berkshire Hathaway New CEO Gets Pay Raise New CEO Greg Abel, who takes over from Buffett after serving in leadership roles for Berkshire's energy and non-insurance businesses, has big shoes to fill. Replacing the legendary investor known to many as the "Oracle of Omaha" will be no easy

about 3 hours ago

Reddit Stock Slips As Analyst Warns Of 'Mixed' Ad Feedback

Reddit stock slumped Thursday after RBC Capital Markets said it received mixed feedback from ad agencies about the company's advertising performance. In a client note, RBC analyst Brad Erickson said check-ins with small- and medium-sized business ad agencies were positive for digital advertising leaders Meta Platforms and Google parent Alphabet. For Reddit, "feedback was challenging," Erickson wrote.

about 4 hours ago

Reddit stock falls after RBC cites challenging SMB ad checks

Investing.com -- Reddit (NYSE:RDDT) stock fell 6% Thursday following a report from RBC analyst Brad Erickson that highlighted "challenging" feedback from small and medium-sized business (SMB) ad agency checks for the social media platform.

about 4 hours ago

3 Technology Stocks to Sell in 2026

The S&P 500 Information Technology Index is down -1.75% year to date and -2.53% over the past month, signaling a sketchy outlook for tech stocks in 2026, though not for all big sector names. As usual, artificial intelligence, especially in the software realm, is using up most of the tech industry’s oxygen. “There’s a lot of optimism around AI, but also a lot of hype,” said Anthony Saglimbene, chief market strategist at Ameriprise, in a recent research note. “2026 will be more about the proof of

about 4 hours ago

Advanced Micro Devices Making 'Solid' Progress in AI GPU Market, RBC Says

Advanced Micro Devices (AMD) is making solid progress in the AI graphics processing unit market acro

about 5 hours ago

Broadcom AI Revenue Growth May See Upside Potential; Faces Margin Pressure, RBC Says

Broadcom AI Revenue Growth May See Upside Potential; Faces Margin Pressure, RBC Says

about 5 hours ago

TSMC Earnings Don’t Tell What You Really Need to Know About the AI Boom

Taiwan Semiconductor the world’s biggest contract chip manufacturer, just provided a big boost to the artificial intelligence investment story. TSMC also said revenue is likely to rise by around 20%, thanks in part to soaring AI demand from its biggest customers. AI hyperscalers such as Microsoft Alphabet Amazon and Oracle as well as megacap tech peers such as Meta Platforms are projected to spend another $527 billion on infrastructure projects this year, according to Goldman Sachs.

about 6 hours ago