Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...

Meta shares climb on report of possible 30% metaverse budget cut

Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into ...

Meta reportedly plans to slash Metaverse budget by up to 30%

The proposal reflects the overall lack of interest in products like Meta's social virtual reality platform, Horizon Worlds.
New York Post

Meta, Microsoft shares plunge as investors fear AI spending is overhyped

Shares in Meta and Microsoft plunged Thursday after the tech giants announced plans to ramp up AI spending – and investors worried that the cash might not yield major payouts. Fears that artificial ...
The Motley Fool

2 Potential Stock-Split AI Stocks Up 212% and 730% in 5 Years to Buy Now, According to Wall Street

Meta Platforms and Axon Enterprise beat the S&P 500 over the last five years, and both stocks have a consensus rating of "buy" among Wall Street analysts. Meta Platforms is the second-largest ad tech ...