Meta Platforms, Inc. (META)
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Meta is making a significant pivot by planning to cut up to 30% from its metaverse budget, redirecting resources towards AI initiatives, particularly wearables. This shift reflects a response to lukewarm reception of its metaverse projects and signals a strategic focus on more immediate technological advancements. Investors are reacting positively, seeing potential in this new direction.
Latest News
| Title | Published |
|---|---|
A Startup Backed By Mark Cuban Tried To Make 'Buy American' A Shopping Habit. No One Cared, And The Team Had To Pivot Mark Cuban isn't blaming politicians for the decline of American manufacturing jobs–he's blaming consumers. The billionaire entrepreneur said the real force behind offshoring wasn't Washington or Wall Street, but ordinary Americans who simply chose convenience and low prices over supporting domestic products. Buying Power Matters More Than Policy In a series of posts on X in April, Cuban emphasized that Americans have always had the power to support U.S. manufacturing through their own purchasin | about 3 hours ago |
Stocks to Watch Friday: SoFi, Southwest, Ulta Beauty, Meta ↘️ DocuSign (DOCU): The digital document-signing company raised its annual sales outlook after quarterly results topped forecasts, boosted by subscription growth. However, the stock fell 6.5%. ↘️ SoFi Technologies (SOFI): The financial-services company announced a public offering of $1. | about 3 hours ago |
Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag? A lot of major hedge funds were quite busy ringing the register on some of the beloved big-tech stars in the third quarter. And while it’s just not possible to know the reason behind such trimming activity, I do think that it’s now quite apparent that such profit-taking was the right move now that some ... Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag? | about 3 hours ago |
Meta, Ulta Beauty, Humana: Top analyst calls today Yahoo Finance Senior Reporter Allie Canal joins Market Catalysts to outline some of Wall Street's top analyst calls today: Bank of America's comments on Meta (META), JPMorgan's and Barclays' reactions to Ulta Beauty's (ULTA) big beat on earnings estimates, and Humana (HUM) getting a Buy upgrade. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts. | about 3 hours ago |
RIP Metaverse: Mark Zuckerberg Slashes Budget as Crypto Projects Suffer Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start focusing on the metaverse.The tech giant would now be known as Meta — that’s Greek for beyond, you know — as it shifted its focus from social media to virtual ... | about 4 hours ago |
Meta Platforms Signs Multiple AI Content Deals With Major News Publishers Meta expands real-time news capabilities inside its AI assistant through new licensing agreements. | about 4 hours ago |
TSLA: Cathie Wood Dumps Millions in Tesla and Meta Shares Wood Doubles Down on Mid-Caps as Tesla, Meta Lose Ark Support | about 4 hours ago |
A Startup Backed By Mark Cuban Tried To Make 'Buy American' A Shopping Habit. No One Cared, And The Team Had To Pivot
Mark Cuban isn't blaming politicians for the decline of American manufacturing jobs–he's blaming consumers. The billionaire entrepreneur said the real force behind offshoring wasn't Washington or Wall Street, but ordinary Americans who simply chose convenience and low prices over supporting domestic products. Buying Power Matters More Than Policy In a series of posts on X in April, Cuban emphasized that Americans have always had the power to support U.S. manufacturing through their own purchasin
Stocks to Watch Friday: SoFi, Southwest, Ulta Beauty, Meta
↘️ DocuSign (DOCU): The digital document-signing company raised its annual sales outlook after quarterly results topped forecasts, boosted by subscription growth. However, the stock fell 6.5%. ↘️ SoFi Technologies (SOFI): The financial-services company announced a public offering of $1.
Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag?
A lot of major hedge funds were quite busy ringing the register on some of the beloved big-tech stars in the third quarter. And while it’s just not possible to know the reason behind such trimming activity, I do think that it’s now quite apparent that such profit-taking was the right move now that some ... Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag?
Meta, Ulta Beauty, Humana: Top analyst calls today
Yahoo Finance Senior Reporter Allie Canal joins Market Catalysts to outline some of Wall Street's top analyst calls today: Bank of America's comments on Meta (META), JPMorgan's and Barclays' reactions to Ulta Beauty's (ULTA) big beat on earnings estimates, and Humana (HUM) getting a Buy upgrade. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.
RIP Metaverse: Mark Zuckerberg Slashes Budget as Crypto Projects Suffer
Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start focusing on the metaverse.The tech giant would now be known as Meta — that’s Greek for beyond, you know — as it shifted its focus from social media to virtual ...
Meta Platforms Signs Multiple AI Content Deals With Major News Publishers
Meta expands real-time news capabilities inside its AI assistant through new licensing agreements.
TSLA: Cathie Wood Dumps Millions in Tesla and Meta Shares
Wood Doubles Down on Mid-Caps as Tesla, Meta Lose Ark Support