Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors brace for another costly gamble?

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...

Economist Dean Baker has criticized Meta CEO Mark Zuckerberg saying he threw “$77 billion … into the toilet” with his bet on ...

Meta logo reflected in smart glasses highlights the company’s push into AR wearables and immersive tech growth. Shares of Meta Platforms got a boost in early December, helping stem the stock's ...

Let's take a closer look at why Meta is deserving of the No. 3 ranking on this list of best Magnificent Seven stocks to buy ...

On Meta's third-quarter earnings call, "compute," "capacity," and "novel" were the words of the night. "Metaverse," a peak priority a few years back, was not mentioned once. Among the company's social ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Facebook parent Meta has been having trouble getting users on to its ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut. Shares fell by more than 11% on Oct. 30 in reaction to those results, ...