Meta Platforms, Inc. (META)
Latest news, insights and market data
Market Data
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.
Latest News
| Title | Published |
|---|---|
Kepler raises EssilorLuxottica rating, highlighting smart glasses opportunity Investing.com - EssilorLuxottica’s smart glasses represent a big enough opportunity to justify peak valuations of the stock, analysts at Kepler Cheuvreux argued in a note raising their rating of the company to "buy" from "hold." | about 2 hours ago |
Michael Burry's Grim Warning: Meta Just Crossed A Line Michael Burry, the famously contrarian investor, issued a scathing critique following Meta Platforms, Inc. (NASDAQ:META) following CEO Mark Zuckerberg's announcement of a massive initiative to build hundreds of gigawatts of AI capacity. In a social media post on Monday, Burry warned that the company is “throwing away its one saving grace,” by building what it calls Meta Compute. "Watch ROIC crash," he added. And Meta gives in, throwing away its one saving grace. Watch ROIC crash. https://t.co/iI | about 2 hours ago |
Meta Slashes Metaverse Jobs in Major Pivot. The Facebook Parent Is Going All-In on This. Meta is accelerating its pivot away from virtual reality, just over four years after changing its name. | about 3 hours ago |
Trending tickers: TSMC, Google, Airbnb, Schroders, BP AI chips and tools moved markets on Thursday as earnings season continues. | about 4 hours ago |
Wikipedia owner signs on Microsoft, Meta in AI content training deals Wikipedia on Thursday unveiled partnerships with several Big Tech companies including Microsoft, Meta and Amazon, marking a major step up in the non-profit's ability to monetize tech firms' reliance on its content. Wikimedia Foundation, the operator of the online encyclopedia, said it also signed on AI startup Perplexity and France's Mistral AI, among other firms, over the past year, having enlisted Meta and Amazon as partners previously. Wikipedia content is crucial to training AI models — its 65 million articles across over 300 languages are a key part of training data for generative AI chatbots and assistants developed by tech majors. | about 5 hours ago |
Heard on the Street Wednesday Recap: AI Selloff Resumes U.S. stock indexes fell, with the Nasdaq Composite dopping 1% for the first time in a month. The S&P 500 declined 0.5% while the Dow industrials slipped 42 points. The artificial-intelligence semiconductor leader must meet new security requirements to send H200 chips to China, the Trump administration said. | about 5 hours ago |
TSMC’s Strong Outlook Shores Up Hopes of Sustained AI Boom It also foresees revenue growth of close to 30% in 2026, faster than the average analyst estimate. Shares in key supplier ASML Holding NV rose 5% on Tradegate in Europe. The outlook from TSMC — a bellwether for the artificial intelligence boom — reflects a development frenzy by the likes of Meta Platforms Inc. and Amazon.com Inc. that’s spurred demand for Nvidia Corp. accelerators. | about 6 hours ago |
Kepler raises EssilorLuxottica rating, highlighting smart glasses opportunity
Investing.com - EssilorLuxottica’s smart glasses represent a big enough opportunity to justify peak valuations of the stock, analysts at Kepler Cheuvreux argued in a note raising their rating of the company to "buy" from "hold."
Michael Burry's Grim Warning: Meta Just Crossed A Line
Michael Burry, the famously contrarian investor, issued a scathing critique following Meta Platforms, Inc. (NASDAQ:META) following CEO Mark Zuckerberg's announcement of a massive initiative to build hundreds of gigawatts of AI capacity. In a social media post on Monday, Burry warned that the company is “throwing away its one saving grace,” by building what it calls Meta Compute. "Watch ROIC crash," he added. And Meta gives in, throwing away its one saving grace. Watch ROIC crash. https://t.co/iI
Meta Slashes Metaverse Jobs in Major Pivot. The Facebook Parent Is Going All-In on This.
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
Trending tickers: TSMC, Google, Airbnb, Schroders, BP
AI chips and tools moved markets on Thursday as earnings season continues.
Wikipedia owner signs on Microsoft, Meta in AI content training deals
Wikipedia on Thursday unveiled partnerships with several Big Tech companies including Microsoft, Meta and Amazon, marking a major step up in the non-profit's ability to monetize tech firms' reliance on its content. Wikimedia Foundation, the operator of the online encyclopedia, said it also signed on AI startup Perplexity and France's Mistral AI, among other firms, over the past year, having enlisted Meta and Amazon as partners previously. Wikipedia content is crucial to training AI models — its 65 million articles across over 300 languages are a key part of training data for generative AI chatbots and assistants developed by tech majors.
Heard on the Street Wednesday Recap: AI Selloff Resumes
U.S. stock indexes fell, with the Nasdaq Composite dopping 1% for the first time in a month. The S&P 500 declined 0.5% while the Dow industrials slipped 42 points. The artificial-intelligence semiconductor leader must meet new security requirements to send H200 chips to China, the Trump administration said.
TSMC’s Strong Outlook Shores Up Hopes of Sustained AI Boom
It also foresees revenue growth of close to 30% in 2026, faster than the average analyst estimate. Shares in key supplier ASML Holding NV rose 5% on Tradegate in Europe. The outlook from TSMC — a bellwether for the artificial intelligence boom — reflects a development frenzy by the likes of Meta Platforms Inc. and Amazon.com Inc. that’s spurred demand for Nvidia Corp. accelerators.