Meta Platforms, Inc. (META)
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Meta is making a significant pivot by cutting over 1,000 jobs in its Reality Labs division to focus on AI wearables and phone features, moving away from its metaverse ambitions. This shift highlights CEO Mark Zuckerberg's commitment to AI, which could reshape the company's future and investor expectations. The decision reflects a broader trend in tech where companies are prioritizing immediate, tangible innovations over long-term visions.
Latest News
| Title | Published |
|---|---|
Strategy Director Buys MSTR For First Time In 3.5 Years—Here's Why That Matters Strategy Inc. (NASDAQ:MSTR) director Carl Rickertsen recently broke a 3.5-year pattern of only selling stock, buying 5,000 shares for $779,395 on Monday after the stock crashed 68% from its $543 November peak. Director Flips From Seller To Buyer After 68%... | about 6 hours ago |
As Tech Giants Get More Hands-On With Energy, Their Risks Rise The race to build up more AI data centers has created a strain on the existing power grid while also bottlenecking the ambitious plans of the world’s largest tech companies. AI systems consume far more energy than more typical servers and other computing gear, but new energy generation facilities don’t exactly go up overnight. In a landmark deal, Google-parent Alphabet last month agreed to buy renewable energy developer Intersect Power for $4.75 billion, plus the assumption of debt. | about 7 hours ago |
Meta Triples Down on AI. It Could Be a Wild Ride for the Stock. Meta Triples Down on AI. It Could Be a Wild Ride for the Stock. | about 9 hours ago |
Meta Triples Down on AI. It Could Be a Wild Ride for the Stock. Meta Platforms CEO Mark Zuckerberg has never shied away from big moves, from dropping out of Harvard University to work on a fledgling social-media company to changing the name of that company even after it crossed $100 billion in annual sales. This week, he may have signaled his largest move yet—a massive multiyear program, probably in excess of a trillion dollars, to build a global network of artificial-intelligence data centers. A trillion dollars is a lot of money, even more than Meta’s Facebook and Instagram can provide, so the company also hired a banker as its new president and vice chairman. | about 9 hours ago |
This Unstoppable Stock Has Soared 1,550% Since Its IPO. It Could Be the Most Prominent Stock-Split Stock of 2026. This industry leader is riding secular tailwinds that are expected to fuel its growth for years to come. | about 9 hours ago |
Productivity Software Stocks Q3 Highlights: Asana (NYSE:ASAN) Let’s dig into the relative performance of Asana (NYSE:ASAN) and its peers as we unravel the now-completed Q3 productivity software earnings season. | about 14 hours ago |
Exclusive: Is Apple Late To Foldable iPhones? Ming-Chi Kuo Says Cupertino Isn't At 'Disadvantage' As Samsung Sees Foldables Go Mainstream Exclusive: Is Apple Late To Foldable iPhones? Ming-Chi Kuo Says Cupertino Isn't At 'Disadvantage' As Samsung Sees Foldables Go Mainstream | about 14 hours ago |
Strategy Director Buys MSTR For First Time In 3.5 Years—Here's Why That Matters
Strategy Inc. (NASDAQ:MSTR) director Carl Rickertsen recently broke a 3.5-year pattern of only selling stock, buying 5,000 shares for $779,395 on Monday after the stock crashed 68% from its $543 November peak. Director Flips From Seller To Buyer After 68%...
As Tech Giants Get More Hands-On With Energy, Their Risks Rise
The race to build up more AI data centers has created a strain on the existing power grid while also bottlenecking the ambitious plans of the world’s largest tech companies. AI systems consume far more energy than more typical servers and other computing gear, but new energy generation facilities don’t exactly go up overnight. In a landmark deal, Google-parent Alphabet last month agreed to buy renewable energy developer Intersect Power for $4.75 billion, plus the assumption of debt.
Meta Triples Down on AI. It Could Be a Wild Ride for the Stock.
Meta Triples Down on AI. It Could Be a Wild Ride for the Stock.
Meta Triples Down on AI. It Could Be a Wild Ride for the Stock.
Meta Platforms CEO Mark Zuckerberg has never shied away from big moves, from dropping out of Harvard University to work on a fledgling social-media company to changing the name of that company even after it crossed $100 billion in annual sales. This week, he may have signaled his largest move yet—a massive multiyear program, probably in excess of a trillion dollars, to build a global network of artificial-intelligence data centers. A trillion dollars is a lot of money, even more than Meta’s Facebook and Instagram can provide, so the company also hired a banker as its new president and vice chairman.
This Unstoppable Stock Has Soared 1,550% Since Its IPO. It Could Be the Most Prominent Stock-Split Stock of 2026.
This industry leader is riding secular tailwinds that are expected to fuel its growth for years to come.
Productivity Software Stocks Q3 Highlights: Asana (NYSE:ASAN)
Let’s dig into the relative performance of Asana (NYSE:ASAN) and its peers as we unravel the now-completed Q3 productivity software earnings season.
Exclusive: Is Apple Late To Foldable iPhones? Ming-Chi Kuo Says Cupertino Isn't At 'Disadvantage' As Samsung Sees Foldables Go Mainstream
Exclusive: Is Apple Late To Foldable iPhones? Ming-Chi Kuo Says Cupertino Isn't At 'Disadvantage' As Samsung Sees Foldables Go Mainstream