In 2026, the stock has fallen more than 10% and is closing in on a 15% decline for the year. Overall, Meta has experienced more than 25% drawdown from its 52-week high in August of last year.
$135 billion. That is how much money Meta expects to spend on AI this year, nearly double what it spent in 2025.
Meta has introduced what it calls the first in a series of new artificial intelligence (AI) models. Muse Spark, announced by the tech giant Wednesday (April 8), powers the Meta AI app and website, and will be rolling out to its social media platforms and artificial intelligence (AI) glasses in the weeks ahead.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) saw its shares rise nearly 9% on April 8, 2026, following the announcement of Muse Spark, the first model from its newly formed Meta Superintelligence Labs. In a blog post, the company described the model is a natively multimodal reasoning system with features such as tool use, visual chain-of-thought, and multi-agent orchestration.
Meta Platforms shares surged around 9% on Wednesday, marking their sharpest gain since January, as markets rallied on easing geopolitical tensions. The S&P 500 climbed 2.6%, while the Dow Jones Industrial Average rose 1,384 points, or 2.9%.
The model, Muse Spark, performed better than Meta's previous A.I. models but lags rivals on coding ability.
New model was competitive with leadings labs' offerings on benchmark tests, company said.
Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a team it assembled last year through a costly talent war and sweeping internal restructuring to catch up with rivals in the AI race.
Meta Platforms, Inc. remains fundamentally strong, with Q4 revenues up 23.8% Y/Y to $59.89B, exceeding expectations. AI investments are driving improved ad performance and monetization, with Threads and WhatsApp now contributing meaningful incremental revenue. Scaling down metaverse spending and potential workforce reductions could boost margins and bottom-line performance going forward.
The legal system just sent a shockwave through shares of the Magnificent Seven giant Meta Platforms NASDAQ: META. The company lost two cases, one in New Mexico and another in California, leading shares to take significant hits.
Meta has paused its work with Mercor and is investigating after a data breach, a person familiar said. Mercor confirmed to Business Insider that it was recently affected by a security incident.
Meta is cutting approximately 200 jobs in the San Francisco Bay Area as the company restructures teams and invests heavily in AI infrastructure.