Meta Platforms, Inc. (META)

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Market Data

$620.80
$5.28 (+0.86%)
Previous Close: $615.52
52-Week Range
30% from low
$581.25$711.00

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.

Updated about 12 hours ago

Latest News

UBS Raises Price Target on Vistra (VST) to $233 After Meta Nuclear Power Deal

UBS Raises Price Target on Vistra (VST) to $233 After Meta Nuclear Power Deal

about 2 hours ago

BofA Maintains Buy on META, Sees No Material 2026 Expense Impact From Energy Deals

BofA Maintains Buy on META, Sees No Material 2026 Expense Impact From Energy Deals

about 2 hours ago

Standard Chartered Says '2026 Will Be The Year Of Ethereum' As It Predicts 'ETH Outperformance'

Standard Chartered Says '2026 Will Be The Year Of Ethereum' As It Predicts 'ETH Outperformance'

about 3 hours ago

Michael Burry Bets Against Nvidia, Says'I Do Not See How That Math Works' Amid AI Chip Boom Fears

Michael Burry Bets Against Nvidia, Says'I Do Not See How That Math Works' Amid AI Chip Boom Fears

about 3 hours ago

Buffett Refused A Raise For Decades, His Successor Earns 250x More To Lead Berkshire Hathaway

Buffett Refused A Raise For Decades, His Successor Earns 250x More To Lead Berkshire Hathaway

about 5 hours ago

Buffett Refused A Raise For Decades, His Successor Earns 250x More To Lead Berkshire Hathaway

Warren Buffett ended his multi-decade run as the CEO of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) at the end of 2025. Things will look different for the conglomerate in 2026, including how much the CEO is paid. Berkshire Hathaway New CEO Gets Pay Raise New CEO Greg Abel, who takes over from Buffett after serving in leadership roles for Berkshire's energy and non-insurance businesses, has big shoes to fill. Replacing the legendary investor known to many as the "Oracle of Omaha" will be no easy

about 5 hours ago

Reddit Stock Slips As Analyst Warns Of 'Mixed' Ad Feedback

Reddit Stock Slips As Analyst Warns Of 'Mixed' Ad Feedback

about 5 hours ago