Meta Platforms, Inc. (META)

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$620.80
$5.28 (+0.86%)
Previous Close: $615.52
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AI Insights

Meta is cutting over 1,000 jobs from its Reality Labs division, signaling a major shift away from virtual reality towards AI-focused initiatives. This move highlights CEO Mark Zuckerberg's commitment to redirecting resources, which could reshape the company's future and impact its competitive stance in the AI landscape.

Updated about 5 hours ago

Latest News

Exclusive: Is Apple Late To Foldable iPhones? Ming-Chi Kuo Says Cupertino Isn't At 'Disadvantage' As Samsung Sees Foldables Go Mainstream

Apple Inc.'s (NASDAQ:AAPL) long-anticipated entry into the foldable iPhone market may not be as delayed — or as risky — as it appears, according to analyst Ming-Chi Kuo, even as Samsung Electronics Co. (OTC:SSNLF) says the category is nearing mainstream adoption. Apple's Timing May Not Be A Problem After All Apple has yet to launch a foldable iPhone, but Kuo, a TF International Securities analyst known for tracking Apple's supply chain, told Benzinga that timing alone does not put Cupertino at a

about 6 hours ago

Netflix Reportedly Prepares All-Cash Bid For Warner Bros. As Paramount Turns Up Heat On Takeover Battle

Netflix Reportedly Prepares All-Cash Bid For Warner Bros. As Paramount Turns Up Heat On Takeover Battle

about 7 hours ago

Netflix Reportedly Prepares All-Cash Bid For Warner Bros. As Paramount Turns Up Heat On Takeover Battle

Netflix Inc. (NASDAQ:NFLX) is reportedly preparing to revise the terms of its $82.7 billion deal to buy Warner Bros. Discovery (NASDAQ:WBD) to make it an all-cash offer, as it seeks to fend off Paramount Skydance’s (NASDAQ:PSKY) hostile bid. The revised deal, aimed at offering WBD shareholders a quicker and simpler transaction, is still under negotiation and may change, the Financial Times reported on Tuesday, citing people familiar with the matter. Netflix and WBD did not immediately respond to

about 7 hours ago

90% of Nvidia's Customers Now Buy This -- and It's Not GPUs

Nvidia has built an enormous networking business in just a few years.

about 10 hours ago

Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'

Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'

about 12 hours ago

Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'

On Tuesday, Deepwater Asset Management's managing partner Gene Munster said that Apple Inc.'s (NASDAQ:AAPL) switch from OpenAI's ChatGPT to Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Gemini gives Siri a much stronger chance of success. Apple Partners With Google Gemini To Reinvent Siri Munster took to X and said, "Odds of new Siri succeeding just went up," while praising Apple CEO Tim Cook for turning long-standing Siri shortcomings into an opportunity for future device and services gro

about 12 hours ago

‘It Makes No Sense To Me’: Nvidia’s Jensen Huang Slams Americans Who ‘Vilified Energy,’ Praises Trump for ‘Sticking His Neck Out’

Jensen Huang outlines how energy capacity underpins AI leadership, reframing U.S.–China competition as an infrastructure and industrial challenge.

about 13 hours ago