Meta Platforms, Inc. Class A Common Stock (META)
Meta Platforms Reality Labs cuts signal continued financial discipline, analysts say
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is reportedly considering cuts to its Reality Labs (RL) unit and other areas of the business, moves that Bank of America analysts believe could help the company maintain financial discipline while supporting longer-term growth initiatives. According to Bloomberg, Meta may reduce its 2026 Metaverse budget by up to 30%, primarily affecting the Quest virtual reality unit and Horizon Worlds.
Meta stock rises on report that Zuckerberg will cut up to 30% of metaverse division
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 its virtual reality group, which includes the so-called metaverse.
Meta signs commercial AI data agreements with publishers to offer real-time news on Meta AI
Meta has signed commercial AI data agreements with news publishers to offer real-time global, entertainment, and breaking news on Meta AI, its AI chatbot. Now, when users ask Meta AI news-related questions, it will surface information and links that draw from different content sources to help users discover timely and relevant content, the company announced on Friday.
Meta partners with news outlets to expand AI content
Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information.
Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag?
A lot of major hedge funds were quite busy ringing the register on some of the beloved big-tech stars in the third quarter.
Meta's Next Idea Could Be Bigger Than The Smartphone
Meta Platforms, Inc. remains a Strong Buy as recent 11% dip is a buying opportunity, not a warning. META's AI-driven ad business is compounding revenue growth, with Advantage+ and Reels generating $60B and $50B annual run rates, respectively. AI CapEx concerns are overblown; META funds investments from a strong cash position and robust free cash flow.
Meta strikes multiple AI deals with news publishers, Axios reports
Meta has struck several commercial AI data agreements with news publishers including USA Today, People Inc, CNN, Fox News, The Daily Caller, Washington Examiner and Le Monde, Axios reported on Friday.
Meta share price jumps as Zuckerberg reportedly shifts spending from metaverse to AI
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) shares rose 3.4% on Thursday after-hours, adding about $57 billion to its market value, after reports suggested Mark Zuckerberg is preparing to dial back spending on the metaverse and shift more resources toward artificial intelligence and smart glasses. According to an exclusive from Bloomberg, the Facebook owenr is planning to cut the budget for Reality Labs, the division behind its virtual-reality headsets and metaverse projects.
Meta Plans to Shift Spending Away From the Metaverse
Zuckerberg's bet on immersive online worlds has lost the company more than $77 billion since 2020.
Meta Plans Big Cuts to Its Metaverse Efforts
Meta is expected to meaningfully cut resources for building the so-called metaverse, an effort CEO Mark Zuckerberg once framed as the future of the company. Bloomberg's Kurt Wagner discusses the news and the reason behind it with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
Meta's Metaverse Rollback: Why Investors Are Buying The Pivot
Meta Platforms, Inc. is rated a Buy, with shares viewed as undervalued and offering solid value into 2026. META's strategic pivot away from the metaverse toward AI, while maintaining balance sheet strength, is seen as a positive catalyst. Despite aggressive AI capex and expense growth, META maintains strong free cash flow and profitability, justifying a higher P/E multiple.
EU hits Meta with antitrust probe over WhatsApp AI features
The EU said Thursday it had opened an antitrust probe to determine if the way Meta is rolling out AI features in WhatsApp breaches the bloc's competition rules.
