Meta Platforms, Inc. (META)

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Market Data

$659.14
$7.66 (-1.15%)
Previous Close: $666.80
52-Week Range
44% from low
$581.25$759.16

AI Insights

Meta is trimming its metaverse budget by about 30%, a move that could signal a shift in focus towards more profitable ventures. This decision comes as the company faces increased scrutiny from regulators and seeks to streamline operations. The budget cut could enhance financial efficiency, aligning with investor expectations for more immediate returns.

Updated about 9 hours ago

Latest News

Nextech3D.ai to Acquire Krafty Labs, Expanding AI Event Solutions for Enterprise Clients

Nextech3D.ai to Acquire Krafty Labs, Expanding AI Event Solutions for Enterprise Clients

about 6 hours ago

EssilorLuxottica director says Meta's stake in Ray-Ban maker 'at least 3%'

EssilorLuxottica director says Meta's stake in Ray-Ban maker 'at least 3%'

about 7 hours ago

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Tuesday; Warner Bros. Discovery to Advance, Tesla to Decline

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Tuesday; Warner Bros. Discovery to Advance, Tesla to Decline

about 7 hours ago

Evercore Says Apple Exec Exits Not A Crisis

Evercore Says Apple Exec Exits Not A Crisis

about 7 hours ago

Tech Weekly: Nvidia gets China nod, eye-catching robots

Tech Weekly: Nvidia gets China nod, eye-catching robots

about 7 hours ago

NextEra and Meta sign 2.5GW clean energy agreements in US

NextEra and Meta sign 2.5GW clean energy agreements in US

about 8 hours ago

Apple’s Slow AI Pace Becomes a Strength as Market Grows Weary of Spending

Apple’s Slow AI Pace Becomes a Strength as Market Grows Weary of Spending

about 8 hours ago